2/98 Mercy CircuitPark Ridge QLD 4125
Property Details for 2/98 Mercy Cct, Park Ridge
2/98 Mercy Cct, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces.
Last Listing description (April 2026)
Premium Dual-Key $1,030 Per week!
A rare and highly desirable opportunity to secure a modern dual-occupancy property in the heart of Park Ridge, offering flexibility, strong rental income, and long-term growth potential. Ideal for investors seeking a low-maintenance, high-performing asset with two separately leased dwellings on one title.
This property comprises a total of 5 bedrooms, 3 bathrooms, and 2 car accommodations, designed with quality finishes, functional layouts, and private outdoor spaces for each residence.
Property Breakdown:
1/98 Mercy Circuit PARK RIDGE QLD - 3 Bedrooms | 2 Bathrooms | 1 Garage
Currently Leased: $560 per week (Lease until 19/10/2026) Last rent increase 01/10/2025
Spacious open-plan living, dining, and kitchen with air conditioning, flowing seamlessly to a private covered patio
Modern kitchen featuring stone benchtops, overhead cupboards, quality appliances, and ample storage
Master bedroom with air conditioning, walk-in robe, and private ensuite
Two additional well-sized bedrooms with built-in wardrobes and ceiling fans
Contemporary main bathroom with quality fittings
Single remote lock-up garage with internal access and integrated laundry
Fully fenced backyard with landscaped gardens
2/98 Mercy Circuit PARK RIDGE QLD - 2 Bedrooms | 1 Bathroom | 1 Car
Currently Leased: $470 per week
Light-filled open-plan living and dining area with air conditioning
Contemporary kitchen with modern finishes and ample storage
Two bedrooms with built-in wardrobes and ceiling fans
Neat and functional bathroom
Single remote lock-up garage
Separate laundry
Secure, fully fenced low-maintenance backyard
Financial Highlights
Current combined rent: $1,030 per week
Potential future rent: approximately $1,090 per week
Single council rate notice
No body corporate fees
Unbeatable Location
Corymbia State School - 3 minutes
Park Ridge District Park - 3 minutes
Logan Reserve Shopping Village - 3 minutes
Aussie Adventures Child Care - 6 minutes
Park Ridge Town Centre - 8 minutes
Park Ridge Park 'n' Ride - 10 minutes
Park Ridge State High School - 10 minutes
Parklands Christian College - 12 minutes
This occupancy property represents an exceptional opportunity to secure a high-yield investment in one of Park Ridge's most sought-after locations.
For further information or to arrange an inspection, please contact us.
Disclaimer:
We have in preparing this information used our best endeavors to ensure that the details contained herein are accurate, but accept no responsibility for any errors, inaccuracies, or omissions. Prospective purchasers should make their own enquiries to verify the information.
Property History for 2/98 Mercy Cct, Park Ridge, QLD 4125
- 14 Apr 2026Sold for $1,225,000
- 09 Mar 2026Listed for Sale Don't Wait - Invest in Excellence!
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0About Park Ridge 4125
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 6,737 properties. Over the last 5 years, Houses in Park Ridge have seen a 115.81% increase in median value, while Units have seen a 131.00% increase. As at 30 April 2026:
- The median value for Houses in Park Ridge is $983,798 while the median value for Units is $878,219.
- Houses have a median rent of $640 while Units have a median rent of $510.
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