1 Mount Mitchell StreetPark Ridge QLD 4125
Property Details for 1 Mount Mitchell St, Park Ridge
1 Mount Mitchell St, Park Ridge is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 451m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (August 2020)
THE BEAUMONT ESTATE - positioned right in the middle of everything Park Ridge has to offer! This estate is designed for a better lifestyle, it's unique and well planned. If you prefer the smaller more boutique sized estates then this one is for you! This lifestyle focussed estate offers you all the things you need and all the things you want. There is every kind of school, all kinds of shopping, including Grand Plaza just close by. In fact you can be there in just under 10 mins driving time! This major shopping centre offers you a variety of the major supermarkets, retail stores, cinema and family restaurants. It is just 28 mins drive to Brisbane CBD and 30 mins to the Brisbane airport, just 1 hour to the Gold Coast attractions.
Please note that the predicted capital gain is 10% - the rental income yield currently is around 6%- a good investment property!
Ask for our reports on predicted growth!
Surrounded by parks and bush this is a very affordable family friendly area. The already significant development and planning in this area means that you wil enjoy the already established facilities just nearby.
This includes: Child Care, Schools, University and TAFE, Shopping Centres, Public Transport facilities, Medical and Community and Recreational and Entertainment
Property details:
Land details: Lot 4 "The Beaumont Estate - Stage 1: size: 451m2 Price: $242,500 Registered
Dual Occupancy: Total of: 5 beds, 3 baths, 2 cars
Size: 214.03m2 Build Price: $315,900
Dwelling 1: 3 beds, 2 baths, 1 car size: 120.98m2
Dwelling 2: 2 beds, 1 bath, 1 car size: 93.05m2
Rental estimate: see letter: $610 to $650 per week combined income - yield approx 6%
Inclusions: Full list attached
Fixed Price - Turn key contract - Tenant ready
Two contract purchase - Land plus HIA Building contract
EOI to hold plus $1000 deposit refundable - so no risk
21 days for finance approval - land settlement 14 days after title registration
5% deposit paid on unconditional for Building Contract - progressive drawdowns
FOR SALE: $558,400
Kaye Tilley 0418 823 046
Property History for 1 Mount Mitchell St, Park Ridge, QLD 4125
- 09 Oct 2020Sold for $235,000
- 01 Mar 2019Listed for Sale $558,400
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0About Park Ridge 4125
The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of 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 6,716 properties. Over the last 5 years, Houses in Park Ridge have seen a 116.41% increase in median value, while Units have seen a 149.18% increase. As at 28 February 2026:
- The median value for Houses in Park Ridge is $956,769 while the median value for Units is $899,455.
- Houses have a median rent of $630 while Units have a median rent of $490.
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