Mercy Street
Park Ridge, Qld 4125
5
3
2
Contact Agent
The Ridge Estate - convenience and lifestyle - high income dual occupancy in Park Ridge ! Gross yield 6.5%

The developers of this estate have ensured the estate will be
beautifully landscaped and presented to attract good quality homes. This
lifestyle focussed estate offers you all the things you need and all
the things you want. There is every kind of school, all kinds of
shopping, including Grand Plaza just close by. In fact, you can be there
in just under 10 mins driving time! This major shopping centre offers
you a variety of the major supermarkets, retail stores, cinema and
family restaurants. It is just 30 mins drive to Brisbane CBD via M1, and
45 mins to the Brisbane airport, just 1 hour to the Gold Coast
attractions. There are numerous schools nearby. Medical facilities
abound.

Property details:
Land details: Lot 49 The Ridge Estate, size: 461m2 Price: $245,000 Registered
Details: Dual Occupancy – total of 5 beds, 3 baths, 2 cars
Size: 216m2 Build Price: $310,000
Dwelling 1: 3 beds, 2 baths, 1 car – size 130.4m2
Dwelling 2: 2 beds, 1 bath, 1 car – size 86.6m2
Rental estimate: $630 to $690 per week – we estimate $660 per week total
Fixed Price – Turn key contract – tenant ready!
Off the Plan Purchase – this property is not constructed
Two contract purchase – Land plus HIA Building contract
EOI to hold plus $1000 deposit refundable – so no risk
21 days for finance approval – land settlement 35 days from date of land contract
5% deposit paid on unconditional for Building Contract – progressive drawdowns

Inclusions:
Stone benchtops in Kitchen and Bathrooms, stainless steel appliances
incl dishwasher, air conditioning to Living, ceiling fans to bedrooms,
Fly screens to all opening windows, window furnishings to all windows /
sliding doors (except set areas), Security screens to external doors,
Carpets, tiles and blinds throughout, NBN wired and ready, Landscaping
and fully fenced, Exposed aggregate driveway, Termite Protection
Barrier, 12 month maintenance period, 7 year structural warranty, water
meter main with submeter, electricity meter main with submeter, plus
more……….

FOR SALE: $546,000

Key Details
Property TypeLand - Residential
Land461 sqm
Floor Plan
Listing Agent
Conrad Hyslop
L.R.E.A. | Executive Sales Consultant
0427 674 262
conrad@propertyhubgc.com.au