1/410 Newman RoadGeebung QLD 4034
Property Details for 1/410 Newman Rd, Geebung
1/410 Newman Rd, Geebung is a bedroom, bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 879m2. While the property is not currently for sale or for rent, it was last transferred in June 2009.
Last Listing description (August 2008)
SUPERB INVESTMENT
THIS OUTSTANDING INVESTMENT IS PROMINENTLY LOCATED ON A BUSY ROAD IN THE INDUSTRIAL AND COMMERCIAL PRECINCT OF GEEBUNG ON THE NORTHSIDE. THE INVESTMENT IS SECURED BY A LEASE TO A MULTI-NATIONAL GROUP ON A 5 YEAR TERM WITH AN OPTION TO RENEW FOR A FURTHER 5 YEARS. THE CONCRETE TILT PANEL BUILDING ITSELF IS ONLY 10 YEARS OLD AND IN EXCELLENT CONDITION AND WILL PROVIDE GENEROUS DEPRECIATION BENEFITS TO ITS NEW OWNER.
* MULTI NATIONAL TENANT
* HIGH EXPOSURE POSITION
* EXCELLENT ONSITE PARKING
* NETT INCOME OF $100,000 PA APPROX
CONTACT EXCLUSIVE AGENT GREG WOODS FOR A FULL PROPERTY REPORT:
MOBILE: 0409 305 224
PHONE: 07 3844 3222
EMAIL: G.WOODS@KINGCO.COM.AU
REF: 25141
Property History for 1/410 Newman Rd, Geebung, QLD 4034
- 04 Jun 2009Transferred for $504,000
- 01 Jul 2008Sold for $1,410,000
- 05 May 2008Listed for Sale Not Disclosed
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About Geebung 4034
The size of Geebung is approximately 3.8 square kilometres. It has 9 parks covering nearly 5.4% of total area. The population of Geebung in 2011 was 4,619 people. By 2016 the population was 4,624 showing a population growth of 0.1% in the area during that time. The predominant age group in Geebung is 40-49 years. Households in Geebung are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geebung work in a professional occupation. In 2011, 71.7% of the homes in Geebung were owner-occupied compared with 70.5% in 2016.
Geebung has 2,600 properties. Over the last 5 years, Houses in Geebung have seen a 90.42% increase in median value, while Units have seen a 70.26% increase. As at 30 September 2024:
- The median value for Houses in Geebung is $1,073,239 while the median value for Units is $803,277.
- Houses have a median rent of $625 while Units have a median rent of $385.
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