4 Offers, 3 Buyers missed out.
Welcome to Greenridge Estate, a sought-after new development perfectly positioned on the border of Regents Park, surrounded by newly built homes.
Forget the long commute and the distance of far-flung developments - this location puts you closer to everything you need.
Property Highlights:
Status: Registered Land - Ready to build your dream home immediately.
Land Size: This 401m² flat, vacant corner block, giving you plenty of flexibility when designing your future home.
Frontage: 14 meters plus, perfectly suited for a wide variety of contemporary home designs.
Enjoy the wide streets of this modern estate, providing easy access, excellent street appeal and a welcoming environment for your new home.
House and Land packages available to suit your needs. 4 bed 2 bath 2 garage available from $975k. Builders standing by - Get in touch.
Benefits for Owner-Occupiers (First Home Buyers)
The state's current property schemes are overwhelmingly structured to help first-time owner-occupiers build new rather than buy established.
• Abolished Stamp Duty: Owner-occupiers pay $0 transfer (stamp) duty on brand-new builds or vacant land intended for construction. Because you only pay stamp duty on the land value itself (which is already lower than an established home), this tax relief completely eliminates or severely reduces upfront government fees.
• Boost to Buy Shared Equity: The expanded Boost to Buy scheme lets eligible buyers secure a home with a deposit as low as 2%. The QLD government contributes equity alongside you, which eliminates the costly burden of Lenders Mortgage Insurance (LMI).
• Full Customisation: Building new allows you to tailor layouts, energy efficiency elements, and finishes to your lifestyle.
Benefits for Property Investors
While investors are generally excluded from direct state cash grants like the FHOG, the economic mechanics of a "buy and build" strategy offer distinct financial perks.
• Substantial Tax Depreciation: Brand-new builds offer significantly higher tax depreciation allowances than existing properties. Investors can claim depreciating assets (like fixtures, fittings, and the building structure itself) to offset their taxable personal income, often yielding $10,000+ in annual deductions.
• Massive Stamp Duty Savings: Investors do not get a 100% exemption, but they only pay stamp duty on the vacant land value, not the finished house. Buying an established $700,000 property incurs stamp duty on the full amount, whereas building means you only pay stamp duty on a fraction of that cost (the land contract).
• Lower Ongoing Maintenance: Brand-new homes come with builder structural warranties and brand-new appliances, insulating investors from sudden capital outlays or repair costs common with older homes.
• Premium Tenant Appeal: Modern, energy-efficient designs built to current standard guidelines attract reliable tenants and command maximum rental yield.
LOCATION, LOCATION, LOCATION
Everything is within easy reach, including:
• Grand Plaza Shopping Centre - approx. 4km
• Park Ridge State School - Under 1.36km
• Park Ridge Town Centre - approx. 2.2km
• Bus Route 542/560 - within walking distance (400m)
• Logan Hospital - easy access
• Major motorways & arterial roads - connects you to Brisbane CBD, the airport, Gold Coast and beyond
School Catchment
Regents Park State School
42-60 Emerald Drive Regents Park QLD 4118
0.74km
Primary, Government, Mixed
0 - 6
683 students
Park Ridge State High School
14-30 Lancewood Street Park Ridge QLD 4125
1.36km
Secondary, Government, Mixed
7 - 12
1176 students
With shops, restaurants, public transport and parklands close by, this is a location designed for convenient modern living.
Whether you're a first-home buyer, growing family, builder or astute investor, this is an opportunity worth acting on.
Don't wait and risk missing out. Enquire today and secure your block of land before it's gone.
**CALL SAMEER GUTTA NOW**
Disclaimer: All information contained herein is gathered from sources we consider to be reliable; however, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Please note that some images contained within this listing have been virtually enhanced for marketing purposes. These enhancements may include the addition, removal, or modification of certain features or furnishings. Prospective buyers should not rely solely on these images for their decision-making and are encouraged to conduct a physical inspection to satisfy themselves regarding the property's features and condition.
The size of Park Ridge is approximately 16.8 square kilometres. There are 10 parks, covering nearly 0.8% of the total area. The population of Park Ridge in 2016 was 2503 people. By 2021 the population was 8455 showing a population growth of 237.8% in the area during that time. The predominant age group in Park Ridge is 20-29 years. Households in Park Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Park Ridge work in a machinery operators and drivers occupation.In 2021, 46.00% of the homes in Park Ridge were owner-occupied compared with 74.50% in 2016.
Park Ridge has 7,036 properties. Over the last 5 years, Houses in Park Ridge have seen a 89.11% increase in median value, while Units have seen a 110.29% increase. As at 31 August 2026:
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