40 Rural St, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 475m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 5 bedroom House sold in Park Ridge in the last 12 months.
Whether you're an astute investor seeking strong cash flow, a family looking for multi-generational living, or a buyer wanting the flexibility to live in one residence while renting the other, this outstanding dual key property presents an exceptional opportunity in one of South East Queensland's fastest-growing suburbs.Positioned on a 475m allotment and built in 2020, this quality residence comprises two fully self-contained homes under one title. Each residence features its own private entrance, kitchen, living area, outdoor entertaining space, fenced backyard, and remote lock-up garage, providing complete independence and privacy.With secure tenancies already in place and rental income increasing to $1,095 per week, this is a genuine set-and-forget investment offering immediate returns and outstanding long-term growth potential.Property Snapshot: Dual Key residence on one title Built in 2020 475m allotment 220 m2 Building size Current rental income: $1,045 per week Rental income increasing to $1,095 per week from 20 October 2026 Rental appraisal: Approximately $1,140 per week Low-maintenance modern construction Excellent investment or multi-generational living opportunityResidence One3 Bedrooms | 2 Bathrooms | 1 GarageDesigned with modern family living in mind, Residence One offers generous proportions, quality finishes, and a functional open-plan layout.Features include:Master bedroom with walk-in robe, ensuite and air conditioningSpacious open-plan living and dining areaContemporary kitchen with stone benchtops and stainless-steel appliancesAir-conditioned living areaCeiling fans throughoutCovered outdoor entertaining areaFully fenced private backyardRemote lock-up garage with internal accessInvestment Details:Currently leased at $550 per week until 19 October 2026New lease secured from 20 October 2026 to 25 October 2027 at $600 per weekResidence Two2 Bedrooms | 1 Bathroom | 1 GarageA perfect solution for extended family, additional rental income or flexible living arrangements.Features include:Two spacious bedrooms with built-in wardrobesContemporary kitchen with quality appliancesOpen-plan living and dining areaAir-conditioned living spacePrivate covered patioFully fenced backyardRemote lock-up garage with internal accessInvestment Details:Currently leased at $495 per week until 10 August 2026New lease secured from 11 August 2026 to 15 February 2027 at $495 per weekWhy You'll Love This Property: Dual key design under one title Secure rental income with long-term leases already in place Rental income increasing to $1,095 per week Ideal for investors seeking strong cash flow Perfect for extended or multi-generational families Opportunity to live in one residence and lease the other Separate entrances, garages, outdoor entertaining areas and private yards Modern, low-maintenance construction Excellent long-term capital growth potentialPrime Park Ridge Location:Located in one of Logan's fastest-growing residential communities, this property enjoys easy access to schools, shopping, childcare, public transport and major motorway connections, making it highly attractive to both owner-occupiers and tenants.Nearby Amenities: New Logan Reserve Shopping Village - Walking distance Park Ridge Town Centre (Coles, Woolworths & specialty stores) St Philomena School - 850m Happy Hearts Child Care - 1.5km Corymbia State School - 1.5km Grow Early Education Park Ridge - 1.6km St Francis College - 2.6km Logan Reserve State School - 2.7km Park Ridge State High School - 6.2km Easy access to the M1 Motorway Approximately 35 minutes to Brisbane CBD Approximately 45 minutes to the Gold CoastOffering secure rental income, exceptional flexibility and outstanding future growth, this quality dual key property represents an opportunity rarely found in today's market.Whether you're expanding your investment portfolio or searching for a home that can adapt to your family's changing needs, 40 Rural Street, Park Ridge deserves your immediate attention.Contact Niket Kalra and the team at RE/MAX Signature today to arrange your inspection or request further information.Disclaimer:RE/MAX Signature has taken all reasonable care in preparing this information and believes it to be accurate at the time of publication. However, no warranty or representation is made as to its accuracy. Interested parties should rely on their own enquiries and independent advice to verify the information contained herein.
The size of Park Ridge is approximately 16.8 square kilometres. There are 10 parks, covering nearly 0.8% of the 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 6,994 properties. Over the last 5 years, Houses in Park Ridge have seen a 100.36% increase in median value, while Units have seen a 126.80% increase. As at 31 July 2026:
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