2 Ridge DriveAlice River QLD 4817
Property Details for 2 Ridge Dr, Alice River
Last Listing description (June 2024)
Lot 1, 2 Ridge Drive is offered to the market for sale with an asking price of $1,750,000.
16,600 sqm / 4.1 acres
High exposure location cornering Ridge Drive & Hervey Range Road, this development site is perfectly located to take advantage of passing traffic and the booming acreage residential lifestyle suburbs in the immediate area.
All the ground work has been completed with a Material Change of Use approved for a Hotel (Tavern) and bottle shop.
Approved Concept Plans indicate a Tavern building/s of up to 1,300sqm with drive-thru bottle shop attached.
The owner has a community Needs Analysis Study that indicates an overwhelming demand for a Tavern or Community Amenities.
The land would also be perfect for a residential subdivision.
For more information please contact your exclusive listing agent Ray White Commercial Townsville.
Property History for 2 Ridge Dr, Alice River, QLD 4817
- 16 May 2024Sold for $1,000,000
- 23 Sep 2021Listed for Sale $1,750,000 + GST if Applicable
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About Alice River 4817
The size of Alice River is approximately 39.6 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Alice River in 2011 was 2,225 people. By 2016 the population was 2,400 showing a population growth of 7.9% in the area during that time. The predominant age group in Alice River is 40-49 years. Households in Alice River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alice River work in a trades occupation. In 2011, 90.8% of the homes in Alice River were owner-occupied compared with 89.6% in 2016.
Alice River has 1,113 properties. Over the last 5 years, Houses in Alice River have seen a 73.73% increase in median value. As at 31 October 2024:
- The median value for Houses in Alice River is $817,445 while the median value for Units is $403,366.
- Houses have a median rent of $695.
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