SOLD
Sold on 18 Sep 2024 for $500,000

6/1-3 Business Drive
Narangba QLD 4504

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 168m2
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Property Details for 6/1-3 Business Dr, Narangba

Building Type
Commercial
Floor Size
170m2
Land Size
168m2
Local Government
Moreton Bay
Lot/Plan
6/SP199459

Last Listing description (January 2021)

Ray White Commercial Northern Corridor Group is pleased to offer 6/1-3 Business Drive, Narangba for Lease.

- 169m2* tilt panel warehouse

- Internal amenities
- Kitchenette
- Air conditioned office space
- Open plan warehouse
- Electric container height roller door
- Ample power outlets
- On site parking
- Fenced secure complex
- 3 phase power

For more information or to book an inspection, please contact agents Blake Primrose and Chris Massie.

* Approximately

Property History for 6/1-3 Business Dr, Narangba, QLD 4504

A timeline of how this property has performed in the market
Last Sold
$500,000
18 Sep 2024
Listed for Rent
$345/w
27 Jan 2021
  • 18 Sep 2024
    Sold for $500,000
  • 05 Jun 2020
    Listed for Rent $1,650 / month
  • 01 Oct 2013
    Listed for Rent $19,500 / year
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About Narangba 4504

The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.

Narangba has 8,960 properties. Over the last 5 years, Houses in Narangba have seen a 82.37% increase in median value, while Units have seen a 87.14% increase. As at 31 October 2024:

  • The median value for Houses in Narangba is $914,263 while the median value for Units is $512,686.
  • Houses have a median rent of $610 while Units have a median rent of $525.
There are currently 89 properties listed for sale, and 24 properties listed for rent in Narangba on OnTheHouse. According to CoreLogic's data, 592 properties were sold in the past 12 months in Narangba.

Suburb Insights for Narangba 4504

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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.