Elevate Your Portfolio with a Landmark Development Site
Introducing the distinguished property at 185 Park Ridge Road—a sprawling 2.03-hectare site in the dynamic suburb of Park Ridge, QLD. This prime land offers developers and investors a brilliant chance to leverage the area's rapid expansion and robust growth potential.
Key Highlights:
Development Opportunities:
- Residential Projects: Ideally positioned for creating a vibrant residential community, the site is adaptable for everything from high-density apartments to exclusive, low-rise estates.
- Mixed-Use Potential: Capitalise on the opportunity to develop a mixed-use precinct, blending residential units with commercial spaces, catering to the growing local demand.
Infrastructure and Accessibility:
- Essential Services: Direct access to necessary utilities such as water and sewerage services simplifies the development process.
- Strategic Connectivity: The property’s location ensures seamless access to established and developing areas, enhancing integration with major roads, public transport, and community amenities.
Investment Benefits:
- Surging Market Demand: Park Ridge is experiencing a surge in demand for residential and commercial spaces, driven by its strategic location and community-focused development plans.
- Flexible Development Scope: With favourable zoning and no restrictive covenants, the site offers a versatile platform for diverse projects ranging from bespoke community spaces to large-scale mixed-use developments.
The opportunity at 185 Park Ridge Road represents not just a piece of land but a cornerstone for a signature development in a community poised for significant transformation. This is your moment to shape the future of Park Ridge and achieve outstanding investment returns.
Submit Your Offer Easily with GC Prestige:
At GC Prestige, securing your dream property couldn't be simpler. Fill out and sign the form by using following link to make your offer instantly valid. Experience the hassle-free way to purchase with us today.
https://eform.pandadoc.com/?eform=2425d47c-8864-42be-9195-d2efa8beb90c
Disclaimer: All information contained herein, including but not limited to the general property description, images, floor plans, figures, price, and address, has been provided to Oktay Properties PTY LTD trading as GC Prestige, Licence No. 4672161, by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy and/or completeness. The information contained herein should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.
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 6,296 properties. Over the last 5 years, Houses in Park Ridge have seen a 82.74% increase in median value, while Units have seen a 74.31% increase. As at 31 August 2024:
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