Lot 1006 - Tillerman - Park Ridge
Park Ridge , Logan, QLD, 4125$ 809,577
Overview
Property ID: LA-8703
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 183
Details
Updated on Nov 15, 2024 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 809,577 |
Land Price: | $ 398,000 |
Build Price: | $ 411,577 |
Gross Per Week: | $ 600 |
Gross Per Annum: | $ 31,200 |
Gross Yield: | 3.85% |
Capital Growth 12 Months: | 9.29% |
Capital Growth 10 Year Annualised: | 3.94% |
Vacancy Rate: | 1.38% |
Property Size: | 183 m2 |
Land Area: | 375 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | July 2025 |
Property ID: | 8703 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Park Ridge, located approximately 30 kilometers south of Brisbane's central business district, is a suburb in the City of Logan, Queensland. Known for its blend of semi-rural charm and emerging urban development, Park Ridge offers residents a balance between spacious living and growing modern amenities.
In recent years, Park Ridge has experienced significant growth, with new housing developments and infrastructure projects enhancing its appeal. The suburb's population has been steadily increasing, reflecting its rising popularity among families and professionals seeking a suburban lifestyle with convenient access to Brisbane.
Local amenities in Park Ridge are expanding to meet the needs of its growing community. The area features several parks and recreational spaces, providing residents with opportunities for outdoor activities and relaxation. Notably, the development of Tillerman Park Ridge includes plans for a 1-hectare district park, community parklands, and sports facilities, aiming to foster a strong sense of community and promote an active lifestyle.
For shopping needs, residents have access to nearby retail centers. While Park Ridge itself is developing its commercial offerings, neighboring suburbs like Loganholme and Browns Plains provide a variety of shopping options, including supermarkets, specialty stores, and dining establishments. The Logan Hyperdome, one of the largest shopping centers in the region, is within a short drive, offering a comprehensive retail experience.
Education is well-served in Park Ridge, with several schools catering to different educational levels. Park Ridge State School and Park Ridge State High School are prominent public institutions providing primary and secondary education, respectively. Additionally, there are private schooling options in the vicinity, such as St. Philomena School, offering alternative educational choices for families.
Transportation in Park Ridge is primarily car-dependent, with major roads like the Mount Lindesay Highway providing direct routes to Brisbane and other parts of the Logan area. Public transport options are currently limited, with local bus services connecting to larger transit hubs. However, ongoing development plans include improvements to public transportation infrastructure, aiming to enhance connectivity for residents in the future.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.