FOR SALE
Expression of Interest

357 Park Ridge Road
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10000m2
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Exceptional Development Opportunity in Park Ridge - 2.5 Acres of Prime Land

Address: 357 Park Ridge Road, Park Ridge QLD 4125
Price: Offers to Purchase
Seize this rare opportunity to invest in one of Southeast Queensland's most rapidly developing corridors. With industrial and residential infrastructure expanding, this property offers unmatched potential for investors and developers alike.
Property Highlights:
• Land Size: 2.5 acres of prime, rectangular-shaped acreage
• Zoning: Emerging Community (Logan City Council) & Mixed Use (Park Ridge Master Plan)
• Overlays: Minimal, ensuring a streamlined development process
• Location: Only minutes from Park Ridge Town Centre, schools, and public transport, enhancing future desirability and growth
Current Holding Income:
• A 4-bedroom brick home, currently tenanted, providing holding income while development plans are set in motion.
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Property Details for 357 Park Ridge Rd, Park Ridge

Building Type
Land
Land Size
10000m2

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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 6,255 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 79 properties listed for sale, and 37 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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Becky Barron
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Raine & Horne Carindale
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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.