OFF MARKET

3666 Mount Lindesay Highway
Park Ridge QLD 4125

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 12336m2
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Property Details for 3666 Mount Lindesay Hwy, Park Ridge

3666 Mount Lindesay Hwy, Park Ridge is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 12336m2. While the property is not currently for sale or for rent, it was last sold in March 2006.

Building Type
House
Land Size
12336m2
Local Government
Logan City
Lot/Plan
15/SP151949

Last Listing description (October 2013)

PARK RIDGE DEVELOPMENT OPPORTUNITY
The property is located within the Structure Plan for Park Ridge.
Logan City Council states that its preferred use is for Multi Unit Developments - High Density Residential

This gives a very high yield at an amazingly realistic price - a fantastic opportunity to literally get in on the ground floor.
The property is currently an approved Landscape yard with a private dwelling.
Located on the Mt Lindesay Highway Park Ridge Service Road it is a high exposure location and within easy walking distance of shopping, doctors, schools and public transport.
This property ticks all the boxes and the only thing as good as this is the property near by which you can also buy and would give you a gilt edged investment as well.
EXCELLENT RETURN
While you are planning your next step you can enjoy the benefits of having an established tenant with a rental income of $55,479 per annum.
12,366m2 (3 acres).
Inspections by appointment only
$1,380,000
http://www.realestate.com.au/property-acreage+semi+rural-qld-park+ridge-114312307

Property History for 3666 Mount Lindesay Hwy, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$827,000
18 Mar 2006
Listed for Rent
$400/w
01 Nov 2023
  • 12 Jul 2013
    Listed for Sale 1380000
  • 10 Oct 2012
    Listed for Sale Not Disclosed
  • 18 Mar 2006
    Sold for $827,000
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About Park Ridge 4125

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 6,287 properties. Over the last 5 years, Houses in Park Ridge have seen a 78.99% increase in median value, while Units have seen a 65.85% increase. As at 31 October 2024:

  • The median value for Houses in Park Ridge is $772,840 while the median value for Units is $632,719.
  • Houses have a median rent of $590 while Units have a median rent of $520.
There are currently 75 properties listed for sale, and 42 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Park ridge.

Suburb Insights for Park Ridge 4125

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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.