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The sleeping giant of Australian property, Brisbane, is well and truly awake. Capitalising on huge interstate population growth, massive investment into infrastructure and the upcoming 2032 Olympics, this is a city on the move.
Offering two rents from the one property, this investment comes with excellent rental yield of 5.1% - 5.6% and with appraised rental income of between $1,000 - $1,100 per week. Investors will enjoy an annual rental income of up to $57,000 p.a., plus the leverage the ongoing capital growth of this region.
Engineered to maximise space and liveability, this new house & land package opportunity comes turn-key ready, including all landscaping on a block size of 500sqm, presenting two independent dwellings under one title. With registration in February 2025, this makes for a timely investment purchase. Park Ridge is a fast growing suburb, just 30 mins to the Brisbane CBD. Housing demand is at peak, with 3,000 new homes needed over the next two decades.
Part of the Logan LGA, Park Ridge is poised for substantial economic growth, benefiting from key infrastructure projects such as the SEQ Faster Rail project, Logan West Upgrade, Coomera Connector Stage 1, along with the development of new residential and commercial areas.
3 Bed | 2 Bath | 1 Car + 2 Bed | 1 Bath | 1 Car