FOR SALE
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149 Station Road
Deagon QLD 4017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3281m2
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Prime Waterfront Development with Income-Generating Marina

Cabbage Tree Creek Marina at 149 Station Road, Deagon, is now being offered for sale by Place Projects. This prime property presents a unique investment opportunity with significant features:
- Land Size: Approximately 3,281m² of freehold marine industry lots.
- Leasehold Marina: Adjoining 2,081m² leasehold marina with a new 20-year lease, providing stability and long-term potential.
- Income: Diverse passing income of approximately $245,325 per annum from various sources, ensuring a steady revenue stream.
- Facilities: Refurbished residence with office and marine workspace, ideal for business operations or onsite management.
- Storage: Wet and dry boat storage with direct deep water access, catering to a wide range of boating needs.
- Amenities: Additional amenities include fuel services, boat maintenance areas, and customer parking, enhancing the marina's appeal to boat owners.
- Zoning: Current zoning is Low Impact Industry, allowing for a range of potential uses and future development opportunities.
This well-positioned marina offers excellent visibility and accessibility, making it a sought-after location for marine-related businesses. The property's strategic location, combined with its comprehensive facilities and steady income, makes it an ideal investment for those looking to capitalize on the growing marine industry.
Alternately it could be considered for a residential terrace home development with marina berths, subject to Council approval.
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Property Details for 149 Station Rd, Deagon

Building Type
Land
Land Size
3281m2

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About Deagon 4017

The size of Deagon is approximately 3 square kilometres. It has 13 parks covering nearly 24.1% of total area. The population of Deagon in 2011 was 3,459 people. By 2016 the population was 3,661 showing a population growth of 5.8% in the area during that time. The predominant age group in Deagon is 40-49 years. Households in Deagon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deagon work in a professional occupation. In 2011, 64.3% of the homes in Deagon were owner-occupied compared with 63.1% in 2016.

Deagon has 1,875 properties. Over the last 5 years, Houses in Deagon have seen a 80.75% increase in median value, while Units have seen a 38.85% increase. As at 30 November 2024:

  • The median value for Houses in Deagon is $851,612 while the median value for Units is $390,551.
  • Houses have a median rent of $600 while Units have a median rent of $388.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Deagon on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Deagon.

Suburb Insights for Deagon 4017

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Bruce Goddard
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Place Projects Pty Ltd
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.