4/122 Ridge StreetNorthgate QLD 4013
Property Details for 4/122 Ridge St, Northgate
4/122 Ridge St, Northgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 129m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (December 2015)
This beautiful unit is your next great investment! The tenants are currently paying $335 per week on a lease that expires 27/05/2016, so you will have little to worry about when you take it over. The unit has low Body Corporate fees of $455 per Quarter and has a 'HEALTHY' sinking fund of over $39,000 as of the end of August 2015.
The property is about a 2 minute walk from the train station, with only a short trip into the CBD. Perfect for anyone that works in the City and commutes or just someone that wants to take advantage of the HUGE changes happening throughout Northgate & Nundah. Recently Nundah as enjoyed a big change with new restaurants, bars and retail shops opening to support the growth.
The unit is air-conditioned and only a few years ago received a makeover. It is also complimented by a large garage, which offers a laundry setup to maximise the space in the living areas. This is a property you cannot miss, so call us today to arrange an inspection. We must has a minimum of 24 hours' notice for all inspections with respect to the tenants.
'What the Owner saysn Since owning the property we have never had any trouble securing tenants. We were first attracted to the area as there is substantial growth around the train line. This property being so close to the train station was an obvious positive as CBD continues to grow.
We are selling the property as we are retiring and moving further north. This property will go towards the one we are currently building!
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Property History for 4/122 Ridge St, Northgate, QLD 4013
- 09 Nov 2015Sold for $320,000
- 22 Sep 2015Listed for Sale Offers In Excess Of $320,000
- 23 Dec 2014Listed for Rent $335 / week
Recent sales nearby
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0About Northgate 4013
The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2016 was 4568 people. By 2021 the population was 4876 showing a population growth of 6.7% in the area during that time. The predominant age group in Northgate is 30-39 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation.In 2021, 55.50% of the homes in Northgate were owner-occupied compared with 52.70% in 2016.
Northgate has 2,792 properties. Over the last 5 years, Houses in Northgate have seen a 99.10% increase in median value, while Units have seen a 123.51% increase. As at 30 November 2025:
- The median value for Houses in Northgate is $1,359,603 while the median value for Units is $775,886.
- Houses have a median rent of $690 while Units have a median rent of $575.
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