OFF MARKET

5/146 Ridge Street
Northgate QLD 4013

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 92m2
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Property Details for 5/146 Ridge St, Northgate

5/146 Ridge St, Northgate is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 92m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2010
Floor Size
80m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
5/SP200091

Last Listing description (February 2023)

5/146 Ridge offers Location, Community, and Quality Living. A great sense of Urban Energy!

Surrounded by convenience, Northgate Rail, Nundah Rail and Village, Airport Precinct, Skygate, Local Major Shopping Centres and direct access to the North and South Coasts.

FEATURES:

- The complex was constructed in 2010
- Is professionally managed and is regularly maintained so far as common areas, gardens, car space areas and internal stairs etc. Very well presented complex
- Unit 5 faces Toombul Street that has a north/south aspect - wonderful prevailing breezes
- Elevated - to provide an appreciation, one can see the Qantas 3 Hanger at the Brisbane airport from the kitchen and bedroom 2 windows
- Located on the first level and has secure intercom access
- Welcoming air conditioned open living and dining - very good width that is comfortable - very light and airy
- The kitchen offers stone tops, ample preparation space, generous above and below bench cabinetry, dishwasher, Blanco electric hotplates/oven and large pantry
- The balcony will accommodate a 6 seater table and BBQ and will be cool in summer and warm in winter
- The air conditioned king size master suite is on the north wing, and has a walk in wardrobe and ensuite with shower recess, full width vanity and toilet suite. These rooms are separable via internal sliding doors.
- Bedroom 2 is located at the opposite end of the apartment and has built in robes and ceiling light fan
- The main bathroom separates both bedrooms. It features a shower/bath, vanity, toilet suite and houses the laundry
- 2 door linen tucked into the living space
- Some powder coated aluminium external blinds are in place as are flyscreens
- Allocated car accommodations is off Toombul Street and the apartment also has an exclusive use secure metal mesh compartment next to the car space
- The complex has gas hot water that is paid by the Body Corporate Managers and is incorporated into the Body Corporate Fees
- The drying area is hidden at the rear of the complex
- Individual water meters are in place
- Visitors car parks - 2

Body Corporate Information

- Body Corporate Fess $1040/quarter
- Sinking Fund balance - $22,536.00 as at 31 July 2022

Brisbane City Council Rates $450/quarter

QLD Urban Utilities $250/quarter approx.

Investor Snippet:

* Current rented at $400/week - lease expires on 7 April 2023 - Wonderful and respectable residents!
* Rental potential per week is $500/week

LIFESTYLE:

* 20 metre walk to Northgate Rail
* Short walk across the tracks to Flour and Chocolate
* Stroll to Nundah Village and Rail
* 10 minute drove to the Brisbane Airport Precinct
* Quick access to the Gateway to the North and South Coasts
* Quick access to the M7
* Quick access to the bike/walk ways out to Nudgee Beach and to access Kalinga Park

Property History for 5/146 Ridge St, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$471,000
01 Feb 2023
  • 01 Feb 2023
    Sold for $471,000
  • 11 Jan 2023
    Listed for Sale For Sale
  • 06 Dec 2017
    Sold for $380,000
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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 2,761 properties. Over the last 5 years, Houses in Northgate have seen a 81.24% increase in median value, while Units have seen a 79.37% increase. As at 31 October 2024:

  • The median value for Houses in Northgate is $1,194,752 while the median value for Units is $644,051.
  • Houses have a median rent of $630 while Units have a median rent of $535.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 139 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.