SOLD
Sold on 10 Sep 2024 for $920,000

6/388 Newman Road
Geebung QLD 4034

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 234m2
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Property Details for 6/388 Newman Rd, Geebung

Building Type
Commercial
Land Size
234m2
Local Government
Brisbane
Lot/Plan
6/SP158296

Last Listing description (January 2020)

* 272sqm Of high quality office/warehouse
* 106sqm Of corporate quality air conditioned office
* 166sqm Of High bay clearspan warehouse

* Office includes multiple individual offices and boardroom
* Warehouse area with separate air conditioned workshop
* Short term container set down available on site
* Container height electric roller shutter
* 4 Exclusive car spaces
* Will not last - Call now to arrange your inspection

Situated in the highly sought after paradigm complex in the heart of the Geebung industrial precinct. 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.

Listing ID 19348587

Property History for 6/388 Newman Rd, Geebung, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$920,000
10 Sep 2024
Listed for Rent
$575/w
31 Jan 2020
  • 10 Sep 2024
    Sold for $920,000
  • 28 Feb 2019
    Listed for Rent - Price not available
  • 03 Aug 2018
    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 2,597 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 15 properties listed for sale, and 26 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 80 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.