FOR SALE
Expression of Interest by 06 Nov 2024

33 Brisbane Road
Bundamba QLD 4304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1499m2
Land area: 1499m2
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Retail & Development Opportunity

Occupy, rent out or redevelop: a rare retail/commercial opportunity in Bundamba
Capture the potential upside of this partially tenanted retail site in a precinct undergoing massive urban development, just 35 minutes from Brisbane's CBD.
Key features include:
- 1,499sqm* site over 3 titles at 33 Brisbane Road, Bundamba
- LC02 Local Retail and Commercial zoning**
- 30.2m2 on Brisbane Road
- 4 shops (2 rented, 1 owner-occupied, 1 vacant) with holding income and upside
Strategic location: Brisbane Road is a major thoroughfare connecting Ipswich to Brisbane, with significant commuter traffic
Add value and make your mark on the flourishing Ipswich City Council are by fully leasing out the shops, renovating the existing shops or redeveloping the entire site STCA.
Bundamba is located approximately 5km east of the Ipswich central business district (CBD), and 34km south-west of Brisbane's CBD (less than 40 minutes' drive). It is one of 85 suburbs forming Ipswich City Council (ICC), and ICC is one of 12 council areas forming South East Queensland, one of the fastest growing regions in Australia. ICC has experienced significant population growth over the 7 years (3.3%* average annual growth), which has driven the need for infrastructure and development investments.
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Property Details for 33 Brisbane Rd, Bundamba

Building Type
Commercial
Floor Size
1499m2
Land Size
1499m2

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About Bundamba 4304

The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.

Bundamba has 3,323 properties. Over the last 5 years, Houses in Bundamba have seen a 101.32% increase in median value, while Units have seen a 59.49% increase. As at 30 September 2024:

  • The median value for Houses in Bundamba is $569,724 while the median value for Units is $400,679.
  • Houses have a median rent of $493 while Units have a median rent of $420.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Bundamba.

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