FOR SALE
Auction 5th December 2024 at 11am

657 Pine Ridge Road
Biggera Waters QLD 4216

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1369m2
Land area: 2179m2
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Auction Time
Thu 5 Dec 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Rare Freestanding Opportunity - First Time To The Market In 40 Years

This property represents a once in a lifetime opportunity to purchase a rare freestander in the popular Brisbane Road area which could suit both end users and investors.
The site is currently split into two distinct tenancies, one being occupied by the vendor, and the other being occupied by a long term metal fabrication tenant.
Inspections every Thursday at 10:30am including Auction Day. Private inspections by appointment.
Key Property Features Include:
- Land area: 2,179m2* (100% flood free) with access from Pine Ridge Road
- Building area: 1,369m2* comprising 2 lettable shed spaces of 1,087m2* and 282m2*
- Current annual rent from Tenancy 1: $80,473 plus GST plus outgoings (2 year lease)
- Large hardstand areas and medium-impact industry zoning
- Like new high quality metal clad buildings with insulated roof areas
- Ample three phase power supply to suit heavier industries
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Property Details for 657 Pine Ridge Rd, Biggera Waters

Building Type
Commercial
Floor Size
1369m2
Land Size
2179m2

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About Biggera Waters 4216

The size of Biggera Waters is approximately 3.2 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Biggera Waters in 2011 was 6,338 people. By 2016 the population was 8,551 showing a population growth of 34.9% in the area during that time. The predominant age group in Biggera Waters is 20-29 years. Households in Biggera Waters are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biggera Waters work in a professional occupation. In 2011, 47.5% of the homes in Biggera Waters were owner-occupied compared with 43.9% in 2016.

Biggera Waters has 6,001 properties. Over the last 5 years, Houses in Biggera Waters have seen a 76.03% increase in median value, while Units have seen a 89.51% increase. As at 31 October 2024:

  • The median value for Houses in Biggera Waters is $1,195,328 while the median value for Units is $709,023.
  • Houses have a median rent of $750 while Units have a median rent of $690.
There are currently 90 properties listed for sale, and 18 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Biggera waters.

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