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5 Mount Crosby Street,
Park Ridge 4125, Queensland

5 bedrooms
3 bathrooms
2 car spaces
400m² land size
Duplex/Semi-detached

$919,000


Property details

DUAL INCOME OPPORTUNITY IN A PRIME LOCATION!

An exceptional opportunity awaits with this modern duplex, ideal for multi-generational living or as a strong-performing investment. Whether you're a homeowner seeking separate yet connected living spaces or an investor looking for immediate rental income, this property is not to be missed!

Each unit is designed for comfortable, low-maintenance living, featuring open-plan layouts, quality finishes, and modern conveniences. With both residences currently tenanted, this is a ready-made investment offering steady returns from day one.

Prime Location Benefits:
- Minutes from Park Ridge Town Centre, offering local grocers, butchers, restaurants, health & beauty services, and general shopping
- Close to Logan Hospital, Griffith University (Logan Campus), and TAFE for added convenience
- School catchments: Logan Reserve State School & Marsden State High School
- Easy access to Logan Motorway & Mount Lindesay Highway
- Approx. 40-minute drive to Brisbane CBD and just over an hour to the Gold Coast

Build Year: 2022

Property Details:
Unit 1 (1/5 Mount Crosby Street, Park Ridge QLD 4125)
- Current Rent: $450 per week
- Rental Appraisal: $520 - $550 per week
- Lease Details: Leased until 9th October 2025
- Features:
- Modern kitchen with quality appliances, including dishwasher, cooktop, oven, and rangehood
- Open-plan living and dining area with ceiling fan and tiled flooring
- Master bedroom with split system air conditioning, ceiling fan, walk-in robe, and private ensuite
- Two additional bedrooms with built-in wardrobes and ceiling fans
- Main bathroom with shower cavity, separate bathtub, and ample storage
- Covered patio with ceiling fan for outdoor enjoyment
- Internal laundry
- Fully fenced grassed yard
- Single lock-up garage with remote access

Unit 2 (2/5 Mount Crosby Street, Park Ridge QLD 4125)
- Current Rent: $420 per week
- Rental Appraisal: $430 - $470 per week
- Lease Details: Leased until 18th June 2025
- Features:
- Galley-style kitchen with quality appliances, including dishwasher, cooktop, oven, and rangehood
- Open-plan living and dining area with split system air conditioning and tiled flooring
- Master bedroom with ceiling fan and built-in robe
- Second bedroom with ceiling fan and built-in wardrobe
- Main bathroom with shower cavity and ample vanity storage
- Internal laundry
- Fully fenced grassed yard
- Single lock-up garage with remote access

Potential combined rental return per week: $1,020

Why Invest in Park Ridge?
Park Ridge is a rapidly growing suburb with strong rental demand, excellent amenities, and a family-friendly community. Its strategic location near hospitals, universities, major shopping centers, and transport links makes it an attractive option for both investors and owner-occupiers.


Don't miss out-contact Michael today on 0490 454 784 to arrange an inspection!

Disclaimer: All information contained herewith, including but not limited to the general property description, price and address, is provided to Ray White Beenleigh by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Explore the area


School catchments

  • St Philomena School Combined Prep-12 Independent 0.51km
  • Australian International Islamic College - Logan Reserve Campus Combined Independent 0.78km
  • Corymbia State School Primary Prep-6 Government 1.5km
  • Logan Reserve State School Primary Prep-6 Government 2.5km
  • St Francis College Combined Prep-12 Catholic 2.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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