FOR SALE
Auction - Friday 29th November 2024 at 10am

41-45 Prosperity Place
Park Ridge QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3509m2
Land area: 3509m2
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RECEIVERS AND MANAGERS APPOINTED

Peter Laoudikos and Lachlan Holliday have the exclusive pleasure of presenting 41-45 Prosperity Place, Park Ridge to the market for sale via public auction.
This property offers 3,509m²* of developable, hardstanding land in the fast growing Park Ride industrial district. It presents a great opportunity for developers, owner occupiers & investors to own a slice of such a fast growing development heavy part of South East Queensland's commercial market.
Key features Include:
- 3,509m²* total block size
- Vacant possession
- Strategically situated only minutes from the Logan Motorway
- Medium Impact zoning***
- Located on a B-double approved route
- Surrounded by national and global occupiers
- Flood free site
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Property Details for 41-45 Prosperity Pl, Park Ridge

Building Type
Commercial
Floor Size
3509m2
Land Size
3509m2

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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 6,373 properties. Over the last 5 years, Houses in Park Ridge have seen a 81.77% increase in median value, while Units have seen a 124.67% increase. As at 30 November 2024:

  • The median value for Houses in Park Ridge is $782,077 while the median value for Units is $752,345.
  • Houses have a median rent of $595 while Units have a median rent of $520.
There are currently 75 properties listed for sale, and 40 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in Park ridge.

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Peter Laoudikos
Lachlan Holliday
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