SOLD
Sold on 04 Jul 2024 for $1,078,000

39/388A Newman Road
Geebung QLD 4034

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 284m2
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Property Details for 39/388a Newman Rd, Geebung

Building Type
Commercial
Year Built
1998
Land Size
284m2
Local Government
Brisbane
Lot/Plan
39/SP179845

Last Listing description (October 2024)

• 284sqm High quality tilt panel construction
• 7m internal clearance & electric roller shutter
• Air conditioned first floor office component

• Ample on site car parking (5 exclusive spaces)
• Container set down area in front of unit
• Very rarely available opportunity

Geebung is situated in the centre of the Northside of Brisbane between Sandgate and Gympie Roads. This location allows excellent access to all northern arterial routes, Gateway Motorway, Airport & Port. Geebung also has two train stations and is only 11km north of the CBD.

For further information or to arrange an inspection please contact your EXCLUSIVE Raine & Horne Commercial Agents.

Property History for 39/388a Newman Rd, Geebung, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$1,078,000
04 Jul 2024
  • 08 Oct 2024
    Listed for Sale CONTACT AGENT
  • 03 Sep 2024
    Listed for Rent - Price not available
  • 04 Jul 2024
    Sold for $1,078,000
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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 2,595 properties. Over the last 5 years, Houses in Geebung have seen a 92.78% increase in median value, while Units have seen a 81.49% increase. As at 31 October 2024:

  • The median value for Houses in Geebung is $1,082,103 while the median value for Units is $817,040.
  • Houses have a median rent of $625 while Units have a median rent of $385.
There are currently 12 properties listed for sale, and 26 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Geebung.

Suburb Insights for Geebung 4034

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Raine & Horne Commercial Brisbane North
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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.