Elevate Your Portfolio with a Landmark Development Site
Introducing 185 Park Ridge Road, a sprawling 2.03-hectare property in the rapidly growing suburb of Park Ridge, QLD. This prime land offers developers and investors an exceptional opportunity to tap into the area's accelerating growth and strong market demand.
Key Highlights:
Development Opportunities:
- Residential Projects: Ideally suited for the creation of a vibrant residential community, the site offers potential for everything from high-density apartments to exclusive, low-rise estates.
- Mixed-Use Potential: Seize the chance to develop a mixed-use precinct, combining residential units with commercial spaces to cater to the area's growing demand.
Infrastructure and Accessibility:
- Essential Services: Direct access to utilities such as water and sewerage simplifies the development process.
- Strategic Location: Close proximity to major roads, public transport, and local amenities ensures seamless connectivity to both established and growing areas.
Investment Benefits:
- High Demand: Park Ridge is witnessing a surge in demand for residential and commercial spaces, driven by its strategic location and community-driven growth.
- Flexible Development Scope: Favourable zoning and lack of restrictive covenants offer versatility for a range of development options, from boutique communities to large-scale, mixed-use developments.
185 Park Ridge Road represents not just a plot of land, but a pivotal opportunity to create a landmark development in an area poised for transformation. Seize this chance to shape Park Ridge's future and achieve outstanding returns on your investment.
Disclaimer: Information provided here, including property description, figures, and pricing, is sourced from third parties. We believe it to be reliable but recommend independent inquiries.
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 6,414 properties. Over the last 5 years, Houses in Park Ridge have seen a 78.65% increase in median value, while Units have seen a 104.98% increase. As at 28 February 2025:
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