OFF MARKET

60 Richard Road
Mango Hill QLD 4509

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 119m2
Land area: 178441m2
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Property Details for 60 Richard Rd, Mango Hill

Building Type
Commercial
Year Built
1970
Floor Size
119m2
Land Size
178441m2
Local Government
Moreton Bay
Lot/Plan
998/S312890

Last Listing description (October 2023)

Golden investment opportunity! Eagle eyed investors are set to reap an outstanding return when they unlock the potential of this 44 acre property. It is hard to believe that such a massive allotment is available so close to the CBD. The owners are ready for their next chapter and are keen to see new owners explore the realm of opportunities awaiting them. Comprising of a mix of residential and commercial dwellings, this site is home to Mango Hill skirmish. A profitable business, there is potential to expand the fields and see an even greater return on investment. Zoned as a rural block there is opportunity to maximise the space to its full potential with possible uses including horticulture, animal husbandry, a winery, animal keeping, aquaculture, and home based businesses to name a few. Offering recreational opportunities this incredible site is hard to beat. Privately nestled in bushland surroundings with a fresh water pond, the abundance of wildlife and natural landscapes offers residents and visitors ample places to explore.

Highlights of the property include:
- 6 playing fields with skirmish, paint ball and gel blasters

- 1 modest residences which can be left as is, refreshed or renovated
- 1 extra dwelling is allowed under rural zoning
- 2 good sheds which will accommodate large vehicles and a huge carport
- Solar panels and water tanks for energy efficiency
- Established Skirmish business, with car park and driveway for easy access
- Well established tranquil bushland throughout the property
- NBN on site

Close to the city, North Lakes and Redcliffe this location is in the heart of the northside. Close to public transport, quality schools, shops and dining precincts

- 200 metres to Mango Hill Secondary College
- 3 min to Mango State School
- 6 min to The Lakes College
- 6 min to Mango Hill East station
- 9 min to North Lakes Shopping Centre
- 18 min to Redcliffe
- 24 min to Brisbane Airport

Capitalise on the investment potential and offset your mortgage with the income earning potential. Land of this size so close to the city will not be offered again! Act now to seize the opportunity of a lifetime that is set to deliver impressive returns.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 60 Richard Rd, Mango Hill, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$475,000
12 Jan 2004
  • 19 Jul 2023
    Listed for Sale FOR SALE
  • 07 Oct 2022
    Listed for Sale For Sale
  • 12 Jan 2004
    Sold for $475,000
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About Mango Hill 4509

The size of Mango Hill is approximately 14.2 square kilometres. It has 47 parks covering nearly 18.2% of total area. The population of Mango Hill in 2011 was 4,339 people. By 2016 the population was 8,419 showing a population growth of 94.0% in the area during that time. The predominant age group in Mango Hill is 0-9 years. Households in Mango Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mango Hill work in a professional occupation. In 2011, 69.5% of the homes in Mango Hill were owner-occupied compared with 52.1% in 2016.

Mango Hill has 6,443 properties. Over the last 5 years, Houses in Mango Hill have seen a 73.36% increase in median value, while Units have seen a 81.32% increase. As at 31 October 2024:

  • The median value for Houses in Mango Hill is $924,895 while the median value for Units is $613,113.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 51 properties listed for sale, and 22 properties listed for rent in Mango hill on OnTheHouse. According to CoreLogic's data, 393 properties were sold in the past 12 months in Mango hill.

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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.