Lot 53 - 431-445 Park Ridge - Park Ridge - AUD 822,000.00
Park Ridge, Logan, QLD, 4125$ 822,000
Overview
Property ID: LA-9905
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 160
Details
Updated on Jan 09, 2025 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 822,000 |
Land Price: | $ 460,000 |
Build Price: | $ 362,000 |
Gross Per Week: | $ 610 |
Gross Per Annum: | $ 31,200 |
Gross Yield: | 3.86% |
Capital Growth 12 Months: | 12.86% |
Capital Growth 10 Year Annualised: | 4.27% |
Vacancy Rate: | 1.92% |
Property Size: | 160 m2 |
Land Area: | 460 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | February 2025 |
Property ID: | 9905 |
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 residential developments, Park Ridge offers a tranquil environment with increasing urban conveniences, making it attractive to families, retirees, and professionals seeking a balance between city access and suburban living.
The suburb is characterized by spacious properties, green spaces, and a growing number of modern housing estates. Recent developments have introduced a variety of amenities, including parks, recreational facilities, and community centers, fostering a strong sense of community among residents. The area is also home to several childcare centers, such as Park Ridge Childcare & Preschool and Honour Early Learning Park Ridge, catering to the needs of young families.
For shopping needs, residents have access to the nearby Park Ridge Town Centre, which houses supermarkets, specialty stores, and dining options. Additionally, the suburb's proximity to larger shopping complexes in neighboring areas, such as the Logan Hyperdome, provides a broader range of retail and entertainment options.
Educational facilities in Park Ridge include Park Ridge State School and Park Ridge State High School, offering primary and secondary education respectively. The suburb's educational institutions are well-regarded, contributing to its appeal for families with school-aged children.
Transportation in Park Ridge is primarily car-dependent, with easy access to major roadways like the Mount Lindesay Highway and the Logan Motorway, facilitating convenient travel to Brisbane, the Gold Coast, and other parts of the Logan area. Public transport options include local bus services connecting to larger transit hubs, though the suburb does not have its own train station. The nearest train station is Loganlea Station, a short drive away, providing regular rail services to Brisbane and the Gold Coast.
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.
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.