16 Nevada Rd, Park Ridge is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 450m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom Unit sold in Park Ridge in the last 12 months.
Welcome to an exceptional opportunity to secure a high-performing dual-key investment property in one of Logan's most sought-after and rapidly expanding suburbs. Set on a generous 450sqm block, 231 m2 Building this modern, low-maintenance residence is designed for optimal rental yield and future capital growth. With two fully self-contained dwellings and quality long-term tenants in place, this is the kind of asset savvy investors are actively seeking.Property Overview:Block Size: 450sqmRental Income: Currently generating $940/week with scope to increase to $1,060/weekConfiguration:Unit 1: 3 Bedrooms | 2 Bathrooms | 1 Car GarageUnit 2: 2 Bedrooms | 1 Bathroom | 1 Car GarageDual-Key Design: Separate entrances, utilities, and electric meters for complete privacy and convenienceUnit 1 Highlights3 spacious bedrooms with built-in wardrobes2 modern bathroomsOpen-plan living and dining with air conditioningContemporary kitchen with ample bench spaceRemote-controlled single lock-up garageCurrently leased at $510/week until 22 December 2025Last rent increase was 20 December 2024Unit 2 Highlights2 generous bedrooms with built-in robes and ceiling fans1 well-appointed bathroomSleek and functional kitchen with quality appliancesAir-conditioned open-plan living areaPrivate outdoor area perfect for relaxingCurrently leased at $430/week until 13 July 2026Last rent increase was 11 July 2025Prime Location | Convenience at Your DoorstepWalking distance to the new Logan Reserve Shopping VillageMinutes to Park Ridge Town Centre (Coles, Woolworths, specialty stores)Close to leading schools and early learning centres:St Philomena School - 6 MinutesHappy Hearts Child Care - 3 MinutesGrow Early Education Park Ridge - 3 MinutesLogan Reserve State School - 6 MinutesPark Ridge State High School - 8 MinutesNew Corymbia State School - 3 MinutesWhy This Property Stands OutThis is more than just a solid rental - it's a high-yield, growth-oriented asset located in a premium growth corridor. With dual income streams, long-term leases in place, and minimal ongoing maintenance required, this is the ideal set-and-forget investment.Enquire TodayOpportunities like this are rare and in high demand. Contact our team now to arrange a private inspection or request further details. Secure your foothold in the thriving Park Ridge market today.Disclaimer:We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate but accepts no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. Contact me now for more detailed information including rental and lease details.
The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Park Ridge in 2016 was 2503 people. By 2021 the population was 8455 showing a population growth of 237.8% in the area during that time. The predominant age group in Park Ridge is 20-29 years. Households in Park Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Park Ridge work in a machinery operators and drivers occupation.In 2021, 46.00% of the homes in Park Ridge were owner-occupied compared with 74.50% in 2016.
Park Ridge has 6,444 properties. Over the last 5 years, Houses in Park Ridge have seen a 107.73% increase in median value, while Units have seen a 144.41% increase. As at 30 November 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.