40 Park St, Cardiff is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 642m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
Positioned in a quiet, established pocket of Cameron Park, this is the kind of opportunity investors search for but rarely secure a modern dual occupancy property with both residences leased, delivering immediate, reliable income from day one.
From the street, the home presents with a clean, contemporary faade, individual garaging, and a practical layout that sets the tone for low-maintenance ownership. Step inside, and both residences mirror that same simplicity and functionality, offering bright, neutral interiors, open-plan living, and seamless flow to private outdoor spaces.
Each dwelling has been thoughtfully designed for everyday comfort, with modern kitchens, well-proportioned living areas, and sliding doors that open out to covered alfresco zones and fully fenced yards. It's the kind of setup tenants stay in private, easy to maintain, and comfortable all year round.
There's a quiet confidence to this property. No work to be done, no downtime to factor in, no uncertainty around income just a well-built asset in a location that continues to perform.
A modern dual occupancy property offering two fully self-contained residences on one title, both currently leased for immediate dual income
Contemporary kitchens featuring ample cabinetry, quality appliances, tiled splashbacks, and functional bench space designed for everyday use
Open plan living and dining zones filled with natural light, enhanced by neutral tones and durable flooring for long-term wear
Seamless indoor-outdoor connection via sliding glass doors, opening to covered alfresco areas that extend the living space
Private, fully fenced backyards to each residence, providing usable outdoor space while remaining low maintenance
Well-appointed bathrooms with separate bath and shower, clean finishes, and practical layouts suited to modern living
Comfortable bedrooms with built-in storage, ceiling fans, and soft natural light creating inviting, relaxed spaces
Air conditioning to main living zones ensuring year-round comfort for tenants
Covered outdoor entertaining areas that offer protection from the elements and increase overall livability
Individual garages and off-street parking, adding convenience and functionality for both residences
Modern construction with durable finishes throughout, designed to minimise ongoing maintenance and maximise returns
Clear separation between dwellings, supporting privacy and long-term tenancy appeal
For investors, this is exactly what a set-and-forget asset should look like two income streams, modern design, minimal upkeep, and strong tenant appeal in a suburb that continues to grow.
For the long term, the flexibility only adds to the value. Continue leasing both, live in one while renting the other, or hold as a strategic investment in a high-demand rental corridor.
Located just minutes from Cameron Park Plaza, Harrigan's, local schools, and major transport links including the M1, this is a position that tenants actively seek out for convenience and lifestyle.
Opportunities like this don't sit around secure a dual-income investment that's already delivering from day one.
The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2016 was 5830 people. By 2021 the population was 6318 showing a population growth of 8.4% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation.In 2021, 66.30% of the homes in Cardiff were owner-occupied compared with 71.40% in 2016.
Cardiff has 3,858 properties. Over the last 5 years, Houses in Cardiff have seen a 54.01% increase in median value, while Units have seen a 52.87% increase. As at 30 April 2026:
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