56 Wicker Road Park Ridge QLD 4125
High-Yield Investment Opportunity!

DESCRIPTION

This luxury 2022 Built dual key property is an ideal investment, boasting excellent long-term tenants and a promising return on investment. Positioned in a prime location, it offers both current and future growth potential, distinguishing it from standard investment properties. Property Overview: Located on a spacious 400 m² block, this dual key property includes two separate units: Unit 1: 3 bedrooms, 2 bathrooms, 1 car garage Unit 2: 1 bedrooms, 1 bathroom, 1 car garage/carport. Unit 1 Features: Living Area: Spacious open-plan living, dining, and kitchen area opening to a patio. Kitchen: Modern with stone bench tops and ample storage. Bedrooms: Three generous bedrooms, including a master bedroom with ensuite and a large wardrobe. All bedrooms are carpeted with built-in wardrobes and ceiling fans. Climate Control: Air conditioning in the living area and master bedroom. Bathrooms: Functional and neat, with an ensuite in the master. Garage: Single lock-up remote garage with internal access and laundry facilities. Outdoor: Fully fenced and secure backyard. Lighting: LED lights throughout. Rental Income: Currently $550 per week, lease until 25/08/2025. Potential rental income is $ 600 per week. Unit 2 Features: Living Area: Open-plan living, dining, and kitchen area opening to a patio. Kitchen: Modern with plenty of storage. Bedrooms: One bedrooms with built-in wardrobes. Climate Control: Air conditioning in the living area and master bedroom. Bathrooms: A Beautiful great size bathroom. Garage: Single Carport/garage and Separate laundry facilities. Outdoor: Fully fenced and secure backyard. Lighting: LED lights and ceiling fans throughout. Rental Income: Currently $450 per week, lease until 23/11/2025. Potential rental income is $460 per week. Financial Highlights: Current Combined Rent: $1000 per week Potential Future Rent: $1,100 per week Council Rates: One council rate for the property. No Body Corporate Fees. Location Benefits: Access: Easy access to major motorways to Brisbane CBD, Sunshine Coast, and Gold Coast. Amenities: Short drive to Park Ridge Town Centre with Coles, Woolworths, and Homestead Markets. Growth: Situated in the fast-growing suburb of Park Ridge. Additional Features: Security: Security screens on windows. Outdoor Areas: Fully fenced and landscaped gardens. Cooling: Split system air conditioning in main living areas. Kitchen: Overhead cupboards and stone bench tops. Utilities: Separate electric meters and letterboxes for each residence. Driveway: Exposed aggregate concrete driveway. Disclaimer: We have made every effort to ensure the accuracy of this information but disclaim any liability for any errors or misstatements. Prospective purchasers should verify the information themselves. Contact Information: For more detailed information, including rental and lease details, please contact us now. Don't miss this exceptional investment opportunity in a prime location!