OFF MARKET

353 Narangba Road
Kurwongbah QLD 4503

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 197m2
Land area: 24020m2
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Property Details for 353 Narangba Rd, Kurwongbah

353 Narangba Rd, Kurwongbah is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 24020m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1960
Floor Size
197m2
Land Size
24020m2
Local Government
Moreton Bay
Lot/Plan
2/RP105863

Last Listing description (December 2021)

+ Brand new 20-year net lease plus 6 x 10 year options to 2101
+ Kip Happy Stays: Australia's largest provider of pet boarding with 18 sites across the country
+ Rare triple net lease - tenant pays all outgoings including land tax and structural repairs

+ Fixed 3% annual rental increases
+ Capital intensive and well maintained improvements of over 1,300sqm
+ Moreton Bay: one of Australia's fastest growing regions and nearby to North Lakes precinct
+ Net Income of $138,000pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEST) Thursday 16 December 2021
Hilton, Brisbane

Property History for 353 Narangba Rd, Kurwongbah, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$2,379,000
15 Dec 2021
  • 15 Dec 2021
    Sold for $2,379,000
  • 18 Nov 2021
    Listed for Sale Price on Request
  • 29 May 2018
    Sold for $1,175,000
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About Kurwongbah 4503

The size of Kurwongbah is approximately 42.4 square kilometres. It has 13 parks covering nearly 1.7% of total area. The population of Kurwongbah in 2011 was 1,420 people. By 2016 the population was 1,441 showing a population growth of 1.5% in the area during that time. The predominant age group in Kurwongbah is 40-49 years. Households in Kurwongbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kurwongbah work in a trades occupation. In 2011, 81.4% of the homes in Kurwongbah were owner-occupied compared with 84.3% in 2016.

Kurwongbah has 517 properties. Over the last 5 years, Houses in Kurwongbah have seen a 53.91% increase in median value, while Units have seen a 4.36% increase. As at 31 October 2024:

  • The median value for Houses in Kurwongbah is $1,048,418 while the median value for Units is $579,557.
  • Houses have a median rent of $503.
There are currently 2 properties listed for sale, and 1 property listed for rent in Kurwongbah on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Kurwongbah.

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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.