39 Sydney St, Ridgehaven is a 0 bedroom, 0 bathroom House and was built in 2021. The property has a land size of 566m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Positioned in this increasingly popular suburb is this huge 1200sqm site. Allotments of this size don't come along often and is an ideal development block for the future. You're located minutes from Westfield Tea Tree Plaza, the O-Bahn with direct city access and plenty of local parklands and walking trails.
This is a prime location to invest, reside or develop. With the improved Modbury zoning, this means the immediate area is being transformed over the coming years, with many new builds and upgrades happening in the local area already. Having a site of this size could become a great asset for the future.
Ridgehaven offers its local residents an easy lifestyle with all major amenities being at its doorstep. Locals have the option of private and public schools, multiple shopping precincts being Westfield Tea Tree Plaza, St Agnes Shopping Centre and Fairview Green. Local transport all links back to the O'Bahn which gives direct routes into the CBD in under 20minutes.
The current site currently houses a 4 bedroom home with dual living areas, functional wet areas and swimming pool. The home is in need of some improvement to make more liveable should you wish to reside in the home or rent out to prospective tenants.
Briefly:
- Torren titled
- 19 meter frontage (approx.)
- 1200sqm traditional allotment (approx.)
- Prime location for future development opportunities
- 4 bedroom home in need of improvements
- Swimming pool on site
- Growing suburb with multiple developments under way
- Located close to many major amenities
- CBD connection through O-Bahn
This is an opportunity that is definitely worth looking into and won't last for long.
Property Details:
Council | Tea Tree Gully
Zone | Residential
Land | 1197sqm (approx)
Council Rates | TBC
Water | TBC
ESL | TBC
The size of Ridgehaven is approximately 2.1 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Ridgehaven in 2011 was 3,880 people. By 2016 the population was 3,991 showing a population growth of 2.9% in the area during that time. The predominant age group in Ridgehaven is 40-49 years. Households in Ridgehaven are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ridgehaven work in a trades occupation. In 2011, 72.6% of the homes in Ridgehaven were owner-occupied compared with 71.4% in 2016.
Ridgehaven has 2,101 properties. Over the last 5 years, Houses in Ridgehaven have seen a 95.99% increase in median value, while Units have seen a 103.08% increase. As at 30 September 2024:
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