98 Mercy Circuit

Park Ridge QLD 4125

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 GarageCurrently 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 gardens2/98 Mercy Circuit PARK RIDGE QLD - 2 Bedrooms | 1 Bathroom | 1 CarCurrently 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 backyardFinancial Highlights Current combined rent: $1,030 per week Potential future rent: approximately $1,090 per week Single council rate notice No body corporate feesUnbeatable 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 minutesThis 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.