FOR SALE

155-161 Rosia Road
Park Ridge South QLD 4125

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 44090m2
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Property Details for 155-161 Rosia Rd, Park Ridge South

Building Type
Land
Year Built
1986
Land Size
44090m2
Local Government
Logan City
Lot/Plan
18/RP97646

Last Listing description (October 2023)

Golden Opportunity Alert: Dive into Park Ridge South's Premier Development Jewel

Executive Summary:
Step into a realm of unmatched potential with an elite development site nestled in the bustling heart of Park Ridge South. This vast expanse, covering an impressive 35.1 hectares, represents a harmonious amalgamation of eight unique properties, providing an expansive canvas for visionary developers and savvy investors.

Property Overview:
Location: Park Ridge South
Total Area: Approximately 35.1 hectares
Properties Involved: A seamless union of eight individual parcels
Zoning: Defined as an 'Emerging Community,' with a strategic vision for low-density residential development.

Development Potential:
Beyond its sheer size, the site's advantageous zoning paves the way for substantial subdivision opportunities. Preliminary projections hint at an astounding 350 to 510 potential lots, encompassing townhouse configurations, pending necessary Development Approvals (DA).

Location Insights:
Park Ridge South effortlessly melds contemporary amenities with tranquil living. Distinctive features include:
- Connectivity: Swift connections to pivotal highways and efficient public transport.
- Amenities: A stone's throw from premier shopping hubs, esteemed educational institutions, lush parks, and diverse recreational avenues.
- Community Evolution: Witnessing a surge in both population and infrastructural enhancements, positioning it as a region on the rise.

Financial Overview:
The property, while promising comprehensive development horizons, is competitively priced, averaging approximately $1 million per hectare. Given the area's trajectory and demand, the potential ROI is immensely promising.

Next Steps & Acquisition Process:
Prospective acquirers are encouraged to:
- Immerse themselves in the locale through guided site tours.
- Delve deep into pertinent zoning, environmental, and property dossiers.
- Initiate exploratory dialogues to ascertain acquisition stipulations, inclusive of flexible 1- to 3-year settlement windows.

In Summary:
The Park Ridge South Development isn't merely a property; it's a dream poised for embodiment, an untouched canvas yearning for pioneering strokes. This is where legacy projects take root. Seize the moment and sculpt the future.

Property History for 155-161 Rosia Rd, Park Ridge South, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$865,000
10 Aug 2006
  • 27 Oct 2023
    Listed for Sale Biggest Available Developable Site at SEQ
  • 02 Dec 2020
    Listed for Sale For Sale
  • 10 Aug 2006
    Sold for $865,000
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About Park Ridge South 4125

The size of Park Ridge South is approximately 9.1 square kilometres. It has 6 parks covering nearly 9.6% of total area. The population of Park Ridge South in 2011 was 1,779 people. By 2016 the population was 1,765 showing a population decline of 0.8% in the area during that time. The predominant age group in Park Ridge South is 50-59 years. Households in Park Ridge South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Ridge South work in a trades occupation. In 2011, 87.2% of the homes in Park Ridge South were owner-occupied compared with 84.1% in 2016.

Park Ridge South has 592 properties. Over the last 5 years, Houses in Park Ridge South have seen a 94.97% increase in median value. As at 30 September 2024:

  • The median value for Houses in Park Ridge South is $1,208,776 while the median value for Units is $582,172.
  • Houses have a median rent of $715.
There are currently 10 properties listed for sale, and no properties listed for rent in Park ridge south on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Park ridge south.

Suburb Insights for Park Ridge South 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.