OFF MARKET

5/122 Ridge Street
Northgate QLD 4013

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 133m2
Land area: 133m2
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Property Details for 5/122 Ridge St, Northgate

5/122 Ridge St, Northgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 133m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1980
Floor Size
133m2
Land Size
133m2
Local Government
Brisbane
Lot/Plan
5/BUP2334

Last Listing description (September 2015)

Northgate is located 9 kms from the CBD and a 12 minute drive to the domestic and international airports. It offers local cafes on Northgate Road, Ryans Road and the famous Toombul Bowls Club and is on the fringe of Nundah, Brisbane s newest urban mecca. Nundah Village, a 5 minute drive away, offers Woolworths, specialty shops, cafes and bars. With access to local parks, one is able to access the bike/walk ways at Hedley Ave or at the end of Belmore Street to ride to Nudgee Beach and as far as the Redcliffe Peninsula.
One of the most convenient locations in Brisbane being only 300 meters (2 minute walk) to Northgate Rail Station. Who needs a timetable with multiple lines passing through, one does not have to wait more than 5 minutes for a train and only 8 stops to the CBD. Alternatively take the 306 bus direct into town from Ridge Street. Access to the motorways is super-fast and a real advantage - a day trip or weekend away up or down the coast, or north to Shorncliffe, Sandgate or Redcliffe becomes quick and easy.
PROPERTY FEATURES

- The apartment is located on the top level, has a north south aspect, one common wall and in a complex of 8
- Neat entry foyer that opens to a generous open plan living and dining
- The kitchen is functional, has ample storage and food preparation, electric oven/hotplates,
range hood, twin sinks, pantry unit, large fridge recess and opens to serve the dining and living
- The full length balcony spills off the living and master bedroom and has privacy blinds at each end, and great views over to the Australian Catholic University
- The master bedroom is king size, has a 4 door full height robe, ceiling fan and privacy blinds or treescape views.
- Bedroom 2 is generous in size, a 3 door full height built in robe, ceiling fan and treescape views.
- The central hall separates the living and sleeping zones and accommodates the 2 door full height linen unit
- The renovated bathroom features a unique timber vanity with storage, a combined shower/bath, fold out ironing board and feature tiles and mirror that complement the overall style
- Renovated separate toilet
- Security to all entries
- The garage is oversized and allows for a large vehicle, has an additional zone at the rear for the laundry, space for custom storage and a Saxon electric hot water unit
- Additional lock up communal storage is also available in the complex
- The complex is well maintained, provides clothes lines and a nook for the refuse bins keeps the complex presentable and welcoming
- Unit size: Internal space approx. 75sqm; Balcony 15sqm; and Garage 35sqm
- Professionally managed by Australasian Body Corporate Management
- Body Corporate Fees - $455 per quarter and Sinking Fund $39,719.06 as at 30 April 2015
- BCC rates: $305.45 per quarter and Urban utilities: $230.00 per quarter
- Possible rental return: $300.00 - $310.00

Property History for 5/122 Ridge St, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$325,000
20 Aug 2015
  • 20 Aug 2015
    Sold for $325,000
  • 24 Jun 2015
    Listed for Sale Not Disclosed
  • 27 Nov 2003
    Sold for $183,500
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About Northgate 4013

The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.

Northgate has 2,771 properties. Over the last 5 years, Houses in Northgate have seen a 75.53% increase in median value, while Units have seen a 78.50% increase. As at 31 August 2024:

  • The median value for Houses in Northgate is $1,147,686 while the median value for Units is $646,434.
  • Houses have a median rent of $630 while Units have a median rent of $515.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Northgate.

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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.