Lot 271 - Chamber Flat -Park Ridge
Park Ridge , Logan, QLD, 4125$ 875,000
Overview
Property ID: LA-8033
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 182
Details
Updated on Oct 31, 2024 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 875,000 |
Land Price: | $ 460,000 |
Build Price: | $ 415,000 |
Gross Per Week: | $ 760 |
Gross Per Annum: | $ 37,960 |
Gross Yield: | 4.52% |
Capital Growth 12 Months: | 9.29% |
Capital Growth 10 Year Annualised: | 3.94% |
Vacancy Rate: | 1.38% |
Property Size: | 182 m2 |
Land Area: | 503 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | December 2024 |
Property ID: | 8033 |
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 about 26 km south of Brisbane’s CBD in Logan City, is a suburb experiencing rapid growth and development, particularly in residential and infrastructure projects. Originally a rural area with spacious properties and a semi-rural feel, Park Ridge has transformed into a blend of modern residential estates, green spaces, and established homes on larger blocks, attracting families, young professionals, and those seeking a quieter lifestyle not far from Brisbane.
The suburb offers a range of local amenities. The Park Ridge Town Centre is the main shopping hub, featuring essential retailers like Coles, Woolworths, and specialty stores, along with medical services, cafes, and casual dining options. While Park Ridge itself is still developing its retail landscape, larger shopping centers such as Grand Plaza in Browns Plains are nearby, providing more extensive retail, dining, and entertainment options, including a cinema complex.
For education, Park Ridge has both public and private school options. Park Ridge State School and Park Ridge State High School serve the local primary and secondary school needs, while nearby private options include St. Philomena School, which offers classes from primary through secondary levels. Several early childhood centers are also available for young families, adding to the area’s appeal for parents.
Park Ridge’s transport options are a mix of public and private convenience. The suburb is well-connected by major roads, including the Mount Lindesay Highway and Logan Motorway, which provide easy access to Brisbane, the Gold Coast, and Ipswich. Public transportation includes bus services that link Park Ridge to nearby train stations, such as Loganlea and Grand Plaza, making commuting more convenient for those working or studying in the city.
In terms of outdoor activities, Park Ridge offers plenty of green spaces, parks, and walking trails. As development continues, more recreational facilities are being introduced to cater to the suburb’s growing population. The quiet environment, ample space, and proximity to both Brisbane and other Logan areas make it ideal for those looking for a balance between urban access and suburban peace.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.