56 Wicker Road, Park Ridge QLD 4125

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!