SOLD
Sold on 17 Jan 2024 for $810,000

4/410 Newman Road
Geebung QLD 4034

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 289m2
Land area: 282m2
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Property Details for 4/410 Newman Rd, Geebung

Building Type
Commercial
Floor Size
289m2
Land Size
282m2
Local Government
Brisbane
Lot/Plan
4/SP102876

Last Listing description (October 2023)

- Quality office/warehouse with BUP of 282sqm and a NLA 364sqm
- Incorporates and established snack bar of 75sqm
- Ideal for owner-occupiers or investors alike

- Prime Geebung location

This prime commercial property offers a unique investment opportunity with dual revenue streams in a high-traffic location. The property features a well-established 75sqm snack bar. Additionally there is 364sqm (NLA) of combined office/warehouse which provides the potential to convert back to its original BUP of 282sqm. The building is of concrete tiltslab construction and located on a prime corner site.

This property is for sale via Expressions of Interest, for more information please contact Exclusive Agent Gerard Indo'Martinez.

Ref: 18905

Property History for 4/410 Newman Rd, Geebung, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$810,000
17 Jan 2024
Listed for Rent
$38k/w
27 Sep 2023
  • 17 Jan 2024
    Sold for $810,000
  • 16 Oct 2023
    Listed for Sale Expressions of Interest
  • 08 Oct 2019
    Listed for Rent - Price not available
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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 2,622 properties. Over the last 5 years, Houses in Geebung have seen a 94.65% increase in median value, while Units have seen a 71.41% increase. As at 31 July 2024:

  • The median value for Houses in Geebung is $1,072,662 while the median value for Units is $757,468.
  • Houses have a median rent of $620 while Units have a median rent of $385.
There are currently 8 properties listed for sale, and 29 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Geebung.

Suburb Insights for Geebung 4034

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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.