



Modern Living, Exceptional Flexibility – A Dual-Income Opportunity in Park Ridge Combining modern comfort with the versatility of two self-contained residences, this dual-living property presents an appealing opportunity for investors and extended families alike. Set on a generous 595m² allotment with approximately 239m² of total building area, the property comprises a three-bedroom residence and a two-bedroom residence, offering five bedrooms, four bathrooms and two single lock-up garages in total. Each home has its own entrance, kitchen and open-plan living and dining area, flowing through to a covered patio and separate fenced backyard. This thoughtful design provides distinct spaces for everyday living, outdoor entertaining and relaxation. Both master bedrooms feature walk-in wardrobes and private ensuites, while the remaining bedrooms include built-in wardrobes. Neutral interiors, tiled living areas, air conditioning and ceiling fans complete the comfortable, practical layout. Property Features: • Generous 595m² block • Approximately 239m² total building area • Two self-contained residences with separate entrances • Three-bedroom residence with two bathrooms and a single lock-up garage • Two-bedroom residence with two bathrooms and a single lock-up garage • Five bedrooms, four bathrooms and two garage spaces in total • Master bedrooms with walk-in wardrobes and ensuites • Built-in wardrobes to remaining bedrooms • Separate kitchens and open-plan living and dining areas • Air conditioning to living areas and ceiling fans • Covered outdoor patios and separate fenced backyards • Laundry facilities within each garage • Two existing rental income streams Investment Highlights: Currently returning $480 per week from 2 bedroom residence and $600 per week from the 3 bedroom residence, the property generates a combined rental income of $1,080 per week - equivalent to $56,160 in gross annual rent, based on 52 weeks at the current rates. The existing rents reflect earlier rental arrangements, presenting potential for future rental growth, subject to an updated rental appraisal, tenancy terms and applicable requirements. Location & Lifestyle: Enjoy access to nearby schools, including Logan Reserve State School and Marsden State High School. Park Ridge Town Centre and Crestmead Central offer shopping and everyday essentials, while Crestmead Park provides outdoor recreation options. Supermarkets, cafés and services throughout the surrounding area further enhance the convenience of this location. Whether you are seeking an addition to your investment portfolio or exploring future living arrangements for extended family, this property offers space, independence and the benefit of two rental income streams. Two residences. Flexible living. An opportunity worth exploring. Contact us today to arrange your inspection. Disclaimer: All information provided has been obtained from sources believed to be reliable; however, its accuracy cannot be guaranteed. Interested parties should make their own enquiries regarding land size, building area, floor plans, approvals and tenancy details. Annual rental income is calculated over 52 weeks at the stated current rents, before expenses and any vacancy periods. Future rental increases are not guaranteed. Images and floor plans are for illustrative purposes only and may have been edited for marketing purposes.
Email enquiry to Belluccio Property Group - MARSDEN
Property ID: 152561032
Original Property ID: 152561032