Lot 215 Wicker Road, Park Ridge QLD 4125 – Madison Park

$869,100

  • 4
  • 3
  • 2
  • 400m²
  • Dual Key

Dual Key Property

3 Bed / 2 Bath / 1 Car garage

+

1 Bed / 1 Bath / 1 Car Port

 

Click the link for more info >>> Madison Park Estate, Park Ridge, QLD <<<

Welcome to Madison Park Estate, where an exceptional investment opportunity awaits you in the heart of Park Ridge, Queensland. This thriving estate not only offers the promise of capital growth and rental demand but also introduces a unique investment configuration perfectly suited to the area’s dynamics.

Investor Highlights:

Dual Dwelling Investment: Madison Park Estate introduces an innovative investment prospect – homes featuring two separate dwellings, a spacious three-bedroom unit and an additional one-bedroom unit. This dual-dwelling strategy offers investors a significant advantage by diversifying their rental income streams. It’s a strategic choice for those looking to maximize their return on investment in a rapidly growing region.

Population Growth: The Park Ridge area is experiencing substantial population growth, driven by factors like interstate migration and increased demand for housing. This population expansion means a consistent demand for rental properties, and the dual-dwelling configuration increases your potential rental yield.

Steady Rental Market: As the population expands, so does the demand for quality rental properties. Park Ridge’s family-friendly environment and excellent amenities ensure a stable rental market. Investors can anticipate consistent demand from tenants seeking comfortable and convenient living.

Infrastructure and Amenities: Park Ridge is undergoing notable infrastructure development, including road upgrades and improved public transport. Additionally, the region boasts essential amenities like schools, shopping centers, and recreational facilities, making it an attractive destination for renters.

Employment Opportunities: With projected employment growth in Park Ridge and its neighboring suburbs, this dual-dwelling investment option aligns perfectly with the area’s economic prospects. It attracts a workforce seeking proximity to employment hubs.

Why Choose a Dual-Dwelling Investment in Madison Park Estate, Park Ridge?

Investing in a property featuring two separate dwellings – a spacious three-bedroom unit and an additional one-bedroom unit – in Madison Park Estate is a strategic choice. Not only does it tap into the region’s forecasted growth and steady rental market, but it also offers the advantage of diversification with dual income streams.

Whether you’re an experienced investor seeking to maximise your rental income or exploring the potential of this innovative investment strategy, Madison Park Estate, Park Ridge, provides an attractive proposition. It aligns seamlessly with the region’s growth, proximity to essential amenities, and commitment to infrastructure development.

Discover the real estate opportunities that await in Madison Park Estate, where innovation meets investment excellence in the heart of a rapidly expanding region. Your investment journey in Madison Park Estate, Park Ridge, begins here, promising a blend of suburban charm and dual-dwelling potential that captivates investors seeking enhanced returns.

 

Overview

  • $-47.19/m

  • 28.99%

  • 5.38%

  • 3.45%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area207.22 m²
Build price$508,200
Land price$360,900
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$200/m
Water Rates*$80/m
Tax depreciation*$774/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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