FOR RENT
$110,600 Net PA + GST + Outgoings

11/20 Prospect Place
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 553m2
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New Industrial Warehouse In Park Ridge

For Lease: 11/20 Prospect Place, Park Ridge - Offered by Ray White AKG
Explore the ideal industrial/warehouse solution at the newly launched Innovate Technology Park. Designed to accommodate all your business requirements, this exceptional property opens doors to a myriad of possibilities.
Featuring an intelligent layout that enhances operational efficiency, this space ensures seamless workflows. Its strategic location grants convenient access to major transport routes, facilitating easy interaction with suppliers and customers alike. Set within a vibrant industrial hub, it provides an optimal environment for business growth and success.
Key Property Features:
• Generous total floor area of 553 sqm*
• Modern air-conditioned office space can be made available
• Clear span warehouse with insulated roofing
• Convenient container-height electric roller door
• Abundant natural light via large glass windows
• Up to 200 amps of 3-phase power
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Property Details for 11/20 Prospect Pl, Park Ridge

Building Type
Commercial
Floor Size
553m2

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About Park Ridge 4125

The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Park Ridge in 2011 was 2,328 people. By 2016 the population was 2,509 showing a population growth of 7.8% in the area during that time. The predominant age group in Park Ridge is 70-79 years. Households in Park Ridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Ridge work in a trades occupation. In 2011, 77.5% of the homes in Park Ridge were owner-occupied compared with 74.5% in 2016.

Park Ridge has 6,208 properties. Over the last 5 years, Houses in Park Ridge have seen a 80.95% increase in median value, while Units have seen a 83.20% increase. As at 30 September 2024:

  • The median value for Houses in Park Ridge is $769,477 while the median value for Units is $645,171.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 67 properties listed for sale, and 39 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Park ridge.

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Jamie Davey
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Ray White Marsden
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