OFF MARKET

27/29 Ellison Road
Geebung QLD 4034

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1280m2
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Property Details for 27/29 Ellison Rd, Geebung

27/29 Ellison Rd, Geebung is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1280m2.

Building Type
House
Land Size
1280m2
Local Government
Brisbane

Last Listing description (February 2019)

We know Geebung is a commercial-rich 'burb and this 1280sqm block (dimensions: 80m x 32m) provides loads of opportunities (STCA) to capitalize on that. Zoned for Industry, the potential is to develop:
* Warehouses;
* Service Industries such as dry cleaning, computer repairs

* Low Impact Industry uses such as vehicle repairs
* A small cafe
With 2 properties being sold together (can be bought individually) currently on the block, you can always rent both properties out whilst you make your development plans.
Whatever you decide to do, you can't lose in this location that's a quick walk from the train station, just a hop to Sandgate Road and in this ever growing suburb!
Watt Faves:
* Industry zoned 1280sqm in this commercial-rich area
* Perfect to build warehouses, coffee shop or a service business
* Currently has a 3 bedroom and 2 bedroom house on it
* Easy walk to the train station and just a hop to Sandgate Road

Property History for 27/29 Ellison Rd, Geebung, QLD 4034

A timeline of how this property has performed in the market
  • 16 Oct 2018
    Listed 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.
There are currently 14 properties listed for sale, and 31 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Geebung.

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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.