SOLD
Sold on 20 Jan 2024 for $2,410,000

31 Forest Gate Lane
Silver Ridge QLD 4352

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 200m2
Land area: 1250640m2
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Property Details for 31 Forest Gate Lane, Silver Ridge

31 Forest Gate Lane, Silver Ridge is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 1250640m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Silver Ridge in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
200m2
Land Size
1250640m2
Local Government
Lockyer Valley Regional
Lot/Plan
94/CC384

Last Listing description (February 2024)

In the same ownership for over 30 years, strategic family planning dictates that this extremely rare offering will be sold.

Proudly sitting on an elevated 309* acres with unrivalled views directly over the Lockyer Valley and to Toowoomba's prestige eastern escarpment real estate. The historical Queensland family homestead commands your immediate attention, you can sense an element of charm, character and peace which draws you to this wonderful property. Dress circle locations like Table Top, Picnic Point, Kara View Court and Middle Ridge Golf Club are in eye view and light up the night from every vantage point.

Gain the advantage of this multi-titled property to realign boundaries or potential sub-division to create more allotments with a plethora of house sites offering absolute stunning vistas.

'Forestgate' is a safe bet in dry times with its abundance of feed from fertile vine scrub soils at the base of Mt Davidson with a fantastic body of natural grasses like Kikyua, Gatton Panic, Rhodes and creeping blue couch grass to name a few allowing heavy carrying capacity. Water security is provided by a great bore and is reticulated throughout the property using solar power plus 6 extensive dams. Quality fencing, laneway system to top cattle yards with loading ramp and stock handling facilities plus a large powered barn style shed with automatic roller door and built-in workshop provides easy management.

The circa 1910 homestead is privately situated at the end of bitumen road access and features 5 large bedrooms, 1 office, 2 bathrooms, multiple formal or casual living and entertaining areas with a massive deck and wrap around verandah overlooking park-like surrounds and the flood lit full size tennis court. It has been sympathetically conserved by its custodians over the years to embrace the history and ensure its original character lives on whilst maintaining a modern family lifestyle.

"Forestgate" would also suit a commercial venture to grow and expand a lucrative business opportunity like a wedding venue, farmstay or BNB, given its eastern location and close proximity to Toowoomba, The Darling Downs and The Lockyer Valley.

"Forestgate' is unquestionably the finest property in this coveted hinterland area to be presented to the market and the decision has been made to sell.

A safe bet in dry times - abundance of feed - early access available
Comfortably run 60* breeders with calves or 120* back grounders to fatten year round
Solar powered bore, reticulated water system throughout the property + 6 dams
Quality soft grazing country with abundant water
Black volcanic basalt fertile vine scrub soils - the best growing soils
Rolling hills of Derrymore and The Lockyer Valley
Quality boundary and internal fencing + good cattle yards with loading ramp & stock handling facilities
Ideally situated close to major feedlots, regional saleyards & abattoirs
Top breeding or fattening cattle country
Multiple rainwater tanks for domestic use
Large powered barn style shed with automatic roller door & built-in workshop
Near new 13.2*kW solar system on barn style shed back to grid
Private & secluded at the end of a short cul-de-sac bitumen road
5* minutes to Toowoomba Golf Club Middle Ridge
12.3*km to Toowoomba's City Centre
125.5*km to Brisbane's City Centre
237*km to The Sunshine Coast
180*km to The Gold Coast
Within close commute to Toowoomba City by-pass on-route to major international airport
This historical property has been tightly held by only 4 owners dating back to 1872
Invest and profit for the future!
Contact agent for PMAV included in Information Memorandum

* = approximately

Rates: Approximately $1860.00 per half year

Property History for 31 Forest Gate Lane, Silver Ridge, QLD 4352

A timeline of how this property has performed in the market
Last Sold
$2,410,000
20 Jan 2024
  • 20 Jan 2024
    Sold for $2,410,000
  • 19 Apr 2021
    Listed for Sale Offers over $3,800,000
  • 28 Apr 1993
    Sold for $287,000

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About Silver Ridge 4352

The size of Silver Ridge is approximately 12.4 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Silver Ridge in 2011 was 762 people. By 2016 the population was 171 showing a population decline of 77.6% in the area during that time. The predominant age group in Silver Ridge is 50-59 years. Households in Silver Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silver Ridge work in a professional occupation. In 2011, 87.2% of the homes in Silver Ridge were owner-occupied compared with 90.3% in 2016..

Silver Ridge has 89 properties. Over the last 5 years, Houses in Silver Ridge have seen a 93.63% increase in median value. As at 30 November 2024:

  • The median value for Houses in Silver Ridge is $1,008,658.
There are currently 1 property listed for sale, and no properties listed for rent in Silver ridge on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Silver ridge.

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Ray White Rural Toowoomba
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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.