FOR RENT
$94,000 Net PA + GST + Outgoings

14/20 Prospect Place
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 470m2
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Newly Built 470sqm Industrial Warehouse in Park Ridge: Your Business's Next Strategic Move

Discover your ideal industrial/warehouse solution at 14/20 Prospect Place, Park Ridge, offered by Ray White AKG.
This exceptional property, situated within the newly launched Innovate Technology Park, is designed to meet all your business needs and open doors to a myriad of possibilities.
Featuring an intelligent layout that enhances operational efficiency, this space ensures seamless workflows. Its strategic location provides convenient access to major transport routes, facilitating easy interaction with suppliers and customers alike. Set within a vibrant industrial hub, it offers an optimal environment for business growth and success.
Key Features:
• Total floor area of 470 sqm*
• Modern air-conditioned office space available
• Clear span warehouse with insulated roofing
• Container-height electric roller door for convenience
• Abundant natural light through large glass windows
• Up to 200 amps of 3-phase power
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Property Details for 14/20 Prospect Pl, Park Ridge

Building Type
Commercial
Floor Size
470m2

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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.

Suburb Insights for Park Ridge 4125

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Jamie Davey
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Ray White Marsden
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.