Welcome to 31 Weedbrook Street, Park Ridge, QLD This luxury dual key property is an ideal investment, boasting excellent long-term tenants and a promising return on investment. Positioned in a prime location, it offers both current and future growth potential, distinguishing it from standard investment properties. Property Overview: Located on a spacious 486 m² block, this dual key property includes two separate units: Unit 1: 3 bedrooms, 2 bathrooms, 1 car garage Unit 2: 2 bedrooms, 1 bathroom, 1 car garage Unit 1 Features: Living Area: Spacious open-plan living, dining, and kitchen area opening to a patio. Kitchen: Modern with stone bench tops and ample storage. Bedrooms: Three generous bedrooms, including a master bedroom with ensuite and a large wardrobe. All bedrooms are carpeted with built-in wardrobes and ceiling fans. Climate Control: Air conditioning in the living area and master bedroom. Bathrooms: Functional and neat, with an ensuite in the master. Garage: Single lock-up remote garage with internal access and laundry facilities. Outdoor: Fully fenced and secure backyard. Lighting: LED lights throughout. Rental Income: Currently $480 per week, lease until 21/08/2024. Potential rental income is $550 per week. Unit 2 Features: Living Area: Open-plan living, dining, and kitchen area opening to a porch. Kitchen: Modern with plenty of storage. Bedrooms: Two bedrooms with built-in wardrobes. Climate Control: Air conditioning in the living area and master bedroom. Bathrooms: Neat and tidy. Garage: Single lock-up remote garage with internal access and laundry facilities. Outdoor: Fully fenced and secure backyard. Lighting: LED lights and ceiling fans throughout. Rental Income: Currently $410 per week, lease until 21/04/2025. Potential rental income is $480 per week. Financial Highlights: Current Combined Rent: $890 per week Potential Future Rent: $1,020 per week Council Rates: One council rate for the property. No Body Corporate Fees. Location Benefits: Access: Easy access to major motorways to Brisbane CBD, Sunshine Coast, and Gold Coast. Amenities: Short drive to Park Ridge Town Centre with Coles, Woolworths, and Homestead Markets. Growth: Situated in the fast-growing suburb of Park Ridge. Additional Features: Security: Security screens on windows. Outdoor Areas: Fully fenced and landscaped gardens. Cooling: Split system air conditioning in main living areas. Kitchen: Overhead cupboards and stone bench tops. Utilities: Separate electric meters and letterboxes for each residence. Driveway: Exposed aggregate concrete driveway. Disclaimer: We have made every effort to ensure the accuracy of this information but disclaim any liability for any errors or misstatements. Prospective purchasers should verify the information themselves. Contact Information: For more detailed information, including rental and lease details, please contact us now. Don't miss this exceptional investment opportunity in a prime location!