SOLD
Sold on 08 Jul 2024 for $3,000,000

5 Flegg Street
Deception Bay QLD 4508

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1055m2
Land area: 2328m2
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Property Details for 5 Flegg St, Deception Bay

Building Type
Commercial
Floor Size
1055m2
Land Size
2328m2
Local Government
Moreton Bay
Lot/Plan
5/RP884929

Last Listing description (June 2023)

As Exclusive Agents, Cushman & Wakefield is pleased to present 5 Flegg Street, Deception Bay to the market For Sale via an Expressions of Interest Campaign closing Thursday 30th of March 2023 at 4:00pm (AEST).

Key features of the asset include

1,055sqm* total building area
2,328sqm* regular shaped block of land
Returning $120,000 pa net + GST
Tenant pays 100% of the outgoings
Five months' rent security bond
Concrete tilt panel construction
Three container height roller doors
Substantial 1,000sqm* hardstand component
Fully fenced and gated site
Easy access to major arterial roads
*approx.

5 Flegg Street is located 30km* from the Brisbane CBD in the tightly held and well established industrial suburb of Deception Bay. Flegg Street has excellent connectivity to the Bruce Highway on-ramps and established Redcliffe Peninsula.

For further information or to arrange an inspection, please contact the Exclusive Agents from Cushman & Wakefield.

Property History for 5 Flegg St, Deception Bay, QLD 4508

A timeline of how this property has performed in the market
Last Sold
$3,000,000
08 Jul 2024
Listed for Rent
25 Apr 2015
  • 08 Jul 2024
    Sold for $3,000,000
  • 16 Mar 2023
    Sold for $2,165,000
  • 24 Feb 2023
    Listed for Sale Contact agent
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About Deception Bay 4508

The size of Deception Bay is approximately 19.2 square kilometres. It has 43 parks covering nearly 25.1% of total area. The population of Deception Bay in 2011 was 19,672 people. By 2016 the population was 19,867 showing a population growth of 1.0% in the area during that time. The predominant age group in Deception Bay is 0-9 years. Households in Deception Bay are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Deception Bay work in a labourer occupation. In 2011, 55.7% of the homes in Deception Bay were owner-occupied compared with 56.2% in 2016.

Deception Bay has 8,638 properties. Over the last 5 years, Houses in Deception Bay have seen a 87.10% increase in median value, while Units have seen a 100.59% increase. As at 30 September 2024:

  • The median value for Houses in Deception Bay is $701,459 while the median value for Units is $516,652.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 85 properties listed for sale, and 34 properties listed for rent in Deception bay on OnTheHouse. According to CoreLogic's data, 501 properties were sold in the past 12 months in Deception bay.

Suburb Insights for Deception Bay 4508

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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.