OFF MARKET

8/388 Newman Road
Geebung QLD 4034

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 234m2
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Property Details for 8/388 Newman Rd, Geebung

Building Type
Commercial
Year Built
1998
Land Size
234m2
Local Government
Brisbane
Lot/Plan
8/SP158296

Last Listing description (March 2024)

Dugan and Co Property on behalf of the Lessor are pleased to present For Lease 8/388 Newman Rd Geebung.

This modern concrete tilt panel warehouse and quality fitted office tilt panel warehouse unit offers outstanding value with the following features:

- Functional and well presented Corporate grade unit of 234m2* total floor area.

- High ceiling clear-span warehouse suitable for racking, approximately 7 meter clearance.
- Container height roller shutter.
- Professional fitted office and modern amenities.
- 3 parking bays available (includes undercover parking).
- Complex has container setdown area.
- Zoned General Industry A.
- Convenient location to Major corridors and ready to operate your business from.
Call Today.

For more information or to arrange an inspection, please contact agent Dugan & Co. Property.

Property History for 8/388 Newman Rd, Geebung, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$808,000
11 Aug 2023
  • 11 Dec 2023
    Listed for Rent - Price not available
  • 11 Aug 2023
    Sold for $808,000
  • 17 Jul 2023
    Listed for Sale Price on Application
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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 2,592 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 11 properties listed for sale, and 30 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 84 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.