33 Mount Glorious Street, Park Ridge, Qld 4125

Welcome to 33 Mount Glorious Street Park Ridge QLD.

This luxury 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 438 m² block, this dual key property includes two separate units:

Unit 1: 3 bedrooms, 2 bathrooms, 1 car garage

Unit 2: 2 bedrooms, 1 bathroom, 1 car garage

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 $530 per week, lease until 03/07/2025. Potential rental income is $570 per week.


Unit 2 Features:
Living Area: Open plan living, dining, and kitchen area opening to a porch.
Kitchen: Modern with plenty of storage.
Bedrooms: Two bedrooms with built-in wardrobes.
Climate Control: Air conditioning in the living area and master bedroom.
Bathrooms: Neat and tidy.
Garage: Single lock-up remote garage with internal access and laundry facilities.
Outdoor: Fully fenced and secure backyard.
Lighting: LED lights and ceiling fans throughout.
Rental Income: Currently $390 per week, lease until 19/03/2025. Potential rental income is $450 per week.

Financial Highlights:
Current Combined Rent: $920 per week
Potential Future Rent: $1,020 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.

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!

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.