FOR SALE
Offer above 5 million dollars

3862 Mount Lindesay Highway
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 3.98ha
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Exceptional Development Opportunity: Prime 3.98 ha Land at Mount Lindesay Highway

Take advantage of this exceptional chance with a 3.98-hectare property at 3862 Mount Lindesay Highway, nestled in South East Queensland's thriving growth corridor. The recent enhancements to Mount Lindesay Highway boost its appeal, making it an ideal spot for innovative developments.
Highlights:
- Vast Land: 3.98 hectares of adaptable, non-floodable land.
- Highway Access: Prominent frontage along Mount Lindesay Highway.
- Versatile Zoning: Tagged as “Emerging Community,” perfect for a range of development initiatives.
Nearby Facilities:
Strategically located close to shopping centers, educational institutions, and services the key areas of Park Ridge, Munruben, and Greenbank.
Area’s Development Dynamics:
- Experiencing an upswing in residential and commercial projects.
- The adjacent site is proposed for a self-storage unit, reflecting the area's increasing commercial allure.
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Property Details for 3862 Mount Lindesay Hwy, Park Ridge

Building Type
Commercial
Floor Size
140m2
Land Size
3.98ha

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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 6,296 properties. Over the last 5 years, Houses in Park Ridge have seen a 82.74% increase in median value, while Units have seen a 74.31% increase. As at 31 August 2024:

  • The median value for Houses in Park Ridge is $771,149 while the median value for Units is $638,901.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 77 properties listed for sale, and 32 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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Oktay Vali
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GC Prestige Group
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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.