216 Progress RoadRichlands QLD 4077
Property Details for 216 Progress Rd, Richlands
216 Progress Rd, Richlands is a 5 bedroom, 1 bathroom House. The property has a land size of 14170m2.
Last Listing description (November 2024)
SOLD by Saeed Moghaddam - call on 0415 177 747.
Introducing a truly extraordinary property, ideally positioned in the heart of Richlands, a rare gem that is on the market for the first time since 1953 and presents a strategic opportunity for those seeking to acquire a substantial site in the surging Western corridor. This is a once in a lifetime chance that should not be missed. This opportunity boasts the following key attributes:
- Elevated 31,620m2 (approx.) corner site offering best exposure imaginable
- Current zoning: Large format retail (SC4 Specialised Centre)
- 170m (approx.) road frontage to Progress Road
- 171m (approx.) road frontage to Garden Road
- Surrounded by a multitude of key amenities including shopping centres, educational institutions, child care centres, Lions Club, parklands, luxury townhouse complexes, leased Home & Co centre and Hotel Richlands
- Walking distance to Richland's Park 'n' Ride train station with 650 parking bays
- Easy access to Centenary HWY and Logan MTW
- Site is exposed to high volumes of passing traffic
- According to Gap Maps within a 10-minutes drivetime the estimated resident population is 141,428.
- According to our calculation by collecting data from Australian Bureau of Statistics, within a 30-minutes drivetime the estimated resident population is 448,328.
The size of this site is truly impressive and will appeal to a wide range of potential users, as well as developers and investors looking to create an "at scale" precinct. Don't miss out on this opportunity.
For a confidential discussion about the property and to receive the Information Memorandum, please reach out to exclusive agent Saeed Moghaddam on 0415177747.
Whilst every care is taken in the preparation of the information contained in this marketing, Brisbane Real Estate will not be held liable for any errors in typing or information. All interested parties should rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Property History for 216 Progress Rd, Richlands, QLD 4077
- 19 Nov 2024Listed for Sale UNDER CONTRACT By Saeed
- 03 Oct 2023Listed for Sale For Sale Now
- 19 May 2023Listed for Sale For Sale Now
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About Richlands 4077
The size of Richlands is approximately 5 square kilometres. It has 5 parks covering nearly 8% of total area. The population of Richlands in 2011 was 2,077 people. By 2016 the population was 3,606 showing a population growth of 73.6% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richlands work in a professional occupation. In 2011, 43.2% of the homes in Richlands were owner-occupied compared with 31.7% in 2016.
Richlands has 2,819 properties. Over the last 5 years, Houses in Richlands have seen a 85.58% increase in median value, while Units have seen a 92.28% increase. As at 31 October 2024:
- The median value for Houses in Richlands is $758,964 while the median value for Units is $589,131.
- Houses have a median rent of $618 while Units have a median rent of $580.
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