9 Gem Cct, Park Ridge is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 460m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
**AUCTION ON-SITE IF NOT SOLD PRIOR // 23rd NOVEMBER @ 3:30pm // Phone Bidding Accepted**
Dual-Income Opportunity in Quiet Park Ridge Pocket with an outstanding rental return.
Discover an outstanding investment opportunity with this immaculate 5-year-old dual-key property at 9 Gem Circuit, Park Ridge. Set on a 460m block, this well-maintained residence offers two self-contained units, currently generating over $900 per week, with a rental appraisal indicating returns between $1,000 and $1,040 per week.
Property Highlights:
- Unit 1: Features 3 spacious bedrooms, 2 modern bathrooms, and a secure single garage, providing ample space for comfortable living.
- Unit 2: Offers 2 bedrooms, 1 bathroom, and a single garage, ideal for downsizers, couples, or as an additional income source.
- Dual-Key Layout: Maximise your rental returns with this versatile setup, catering to diverse tenant needs while ensuring privacy between units.
- Strong Investment Appeal: With a proven rental return and potential for an even higher yield, this property is a prime choice for investors looking to capitalise on the growing Park Ridge market.
- Premium Location: Positioned in a tranquil enclave with limited traffic and a single access road, this home combines privacy with the convenience of nearby schools, shopping, and public transport.
An absolute gem in today's competitive market, 9 Gem Circuit is ready to reward its new owner with steady income and long-term growth potential. Don't miss your chance to secure this rare dual-key investment in one of Park Ridge's most sought-after pockets.
Contact Kenton de Klerk on 0422 727 332 to schedule a viewing.
Keyword: Dualkey, Dual-Key, Dual key, Duplex, Dual-living, Dual living, Dual-occupancy, Dual Occupancy.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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 6,941 properties. Over the last 5 years, Houses in Park Ridge have seen a 110.18% increase in median value, while Units have seen a 133.10% increase. As at 30 June 2026:
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