FOR SALE
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127 Talinga Drive
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.23ha
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Prime 2.23 ha Park Ridge Development Site Ready for Pioneering Residential Project

Premier Residential Development Opportunity at 119 & 127 Talinga Drive, Park Ridge
Uncover a unique and expansive opportunity with the combined properties located at 119 and 127 Talinga Drive, Park Ridge. Spanning a total of 2.23 hectares, this joint offering presents a golden chance for developers and investors to play a significant role in the residential transformation of one of Queensland's fastest-evolving suburbs.
Key Attributes:
- Comprehensive Land Area: The combined 2.23 hectares of land provide a considerable scope for large-scale residential subdivision or townhouse projects.
- Ideal Location: Situated within the 'Emerging Community' zone of Park Ridge, these sites are positioned perfectly for developments that capitalise on the suburb's ongoing expansion and growth prospects.
- Ready for Action: Free from flood assessment and vegetation management restrictions, the properties are primed for immediate development, ensuring a swift kickstart to your project.
- Utilisable Terrain: With level ground across both sites, every inch of this substantial plot is available for your residential development plans.
Development Opportunities:
- Residential Subdivisions: These sites are perfectly suited for creating a new residential community, with the potential for a variety of subdivision layouts including standalone houses or clusters of homes.
- Townhouse Projects: The properties offer immense potential for townhouse developments, catering to a growing demand for medium-density residential options in the area.
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Property Details for 127 Talinga Dr, Park Ridge

Building Type
Commercial
Land Size
2.23ha

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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 6,254 properties. Over the last 5 years, Houses in Park Ridge have seen a 78.99% increase in median value, while Units have seen a 65.85% increase. As at 31 October 2024:

  • The median value for Houses in Park Ridge is $772,840 while the median value for Units is $632,719.
  • Houses have a median rent of $590 while Units have a median rent of $520.
There are currently 70 properties listed for sale, and 38 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Park ridge.

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