SOLD
Sold on 04 Oct 2023 for $8,000,000

164 Beenleigh Redland Bay Road
Cornubia QLD 4130

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 4063m2
Sold By
Stonebridge Property Group Pty Ltd
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Property Details for 164 Beenleigh Redland Bay Rd, Cornubia

Building Type
Commercial
Land Size
4063m2
Local Government
Logan City
Lot/Plan
58/RP142285

Last Listing description (May 2017)

Premium corner block in heart of Cornubia.
Fantastic opportunity to secure this two street frontage block on 4063 M2 within walking distance of a major shopping centre. Situated along a major transport corridor this property has a potential that few other properties in the area can match.
Features include

-Two street frontage
-4063M2
-Major Transport Corridor
-Transport link to Redland Bay,Gold Coast and Brisbane
-Population base is booming
-Close to major shopping hub
-Corner block
-Massive developments taking place nearby
-Easy access to M1
- 5 bedroom 3 bathroom 2 car and shed
This is a rare opportunity that should not be missed. There is arguably no other property in the area of a similar size and position that has so much potential. Astute developers and investors should consider.

Property History for 164 Beenleigh Redland Bay Rd, Cornubia, QLD 4130

A timeline of how this property has performed in the market
Last Sold
$8,000,000
04 Oct 2023
  • 04 Oct 2023
    Sold for $8,000,000
  • 25 Mar 2021
    Sold for $1,600,000
  • 04 May 2016
    Listed for Sale Offers from 1350000
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About Cornubia 4130

The size of Cornubia is approximately 14.9 square kilometres. It has 17 parks covering nearly 21.9% of total area. The population of Cornubia in 2011 was 6,833 people. By 2016 the population was 7,330 showing a population growth of 7.3% in the area during that time. The predominant age group in Cornubia is 40-49 years. Households in Cornubia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cornubia work in a professional occupation. In 2011, 83.5% of the homes in Cornubia were owner-occupied compared with 83.8% in 2016.

Cornubia has 2,971 properties. Over the last 5 years, Houses in Cornubia have seen a 86.68% increase in median value, while Units have seen a 94.42% increase. As at 31 July 2024:

  • The median value for Houses in Cornubia is $1,067,540 while the median value for Units is $634,402.
  • Houses have a median rent of $750 while Units have a median rent of $395.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Cornubia on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Cornubia.

Suburb Insights for Cornubia 4130

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Disclaimer
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.