Park Ridge real estate: why it’s a great investment There are many reasons why Park Ridge real estate is a great investment. One of the main reasons is that Park Ridge is a growing suburb. The population of Logan City, which includes Park Ridge, is projected to grow by over 30% in the next 20 years! That’s a lot of people who will need places to live. And since Park Ridge offers a great quality of life, with plenty of amenities and opportunities for growth, it’s no wonder that so many people are moving there. If you’re looking for an investment that has high potential for growth, then Park Ridge real estate is definitely worth considering! Another reason to invest in Park Ridge real estate is that it’s a stable market. The vacancy rate in Park Ridge is only 0.71%, which means that there is very little risk of your investment becoming vacant. And because the population is growing, the demand for housing will continue to increase, making your property more valuable over time.
Plus, with a median house price of $780k, Park Ridge properties are still relatively affordable compared to other areas in Logan City.
If you’re looking for an investment that has high potential for growth and is close enough to Brisbane CBD (only 28 km away) but far enough away from the hustle and bustle of city life, then Park Ridge is the perfect choice! So why not invest in Park Ridge real estate today? You won’t regret it!

Property details: DUPLEX
Land details: Lot 13 New Road The Nursery Estate, Park Ridge
Land size: 526m2 Price: $670,650 not yet registered – estimated October 25
Details: Duplex: – total of 8 beds, 6 baths, 2 cars
Total package cost: $1.679,650
Size: 449m2 Build Price: $1.009,000
Dwelling 1: 4 beds, 3 baths, 1 car
Dwelling 2: 4 beds, 3 baths, 1 car

INFRASTRUCTURE CHARGES HAVE BEEN INCLUDED IN PRICE
STRATA TITLE IS NOT INCLUDED IN PRICE BUT THIS PROPERTY IS PERFECT TO STRATA – estimate increase in price is $180,000 additional value
We strongly recommend you do this to benefit from the high equity uplift this property will have on completion. You have 3 years from the date of your plans being approved for construction at the local council to apply for strata. There is no guarantee given by us that this will approved by the local council. The council controls the approval.

UPLIFT IN VALUE ON COMPLETION: $160,000+ additional value on completion – pleae request the estimate sales advice
Rental estimate: $1400 per week
Turn key contract – tenant ready!
Off the Plan Purchase – this property is not constructed

Two contract purchase – Land plus HIA Building contract
On signing Land Contract pay $10,000 deposit – balance on unconditional (refunded if finance is not approved)
Required: EOI / ID for all buyers / Brokers or lenders letter of pre approval
21 days for finance approval – land settlement 14 days from date of land registration
5% deposit paid on unconditional for Building Contract – progressive drawdowns

Inclusions:
Please ask for the comprehensive list oof inclusions if you have interest in this property.

FOR SALE: $1.679,650

Kaye Tilley 0418 823 046