12/1 Regina AvenueNingi QLD 4511
Property Details for 12/1 Regina Ave, Ningi
12/1 Regina Ave, Ningi is a bedroom, bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 50m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (August 2016)
This is an excellent opportunity for the investor to beat the banks and gain the best returns in the local property market. Situated in a Prime location on the Bribie Island - Caboolture Road it is easy visible to passing traffic.
The current tenant has been trading from this location for near 2 decades and recently renewed the lease for another 3 plus 3 plus 3. As part of the lease agreement the tenant pays all outgoings giving a net rent at currently just over $28,800 pa with 4% increases pa. Building size is just over 150m2 of 100% road frontage it would be impossible to replace this property at this price. Local house investors should also consider this option as you will get a far better return on this Commercial Property than possible on standard residential house rental. Note combined Lots 12 plus 13 make up 153m2 ''Now you are earning a real income for your money. '' Please view the attached Youtube Link for aerial Video https:/?/?www.youtube.com/?watch?v=8ohzO AsZzxQ&feature=em-upload_owner
Property History for 12/1 Regina Ave, Ningi, QLD 4511
- 14 Oct 2021Sold for $480,000
- 06 Apr 2016Sold for $320,000
- 17 Feb 2016Listed for Sale Not Disclosed
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About Ningi 4511
The size of Ningi is approximately 29.6 square kilometres. It has 11 parks covering nearly 27.7% of total area. The population of Ningi in 2011 was 3,688 people. By 2016 the population was 4,646 showing a population growth of 26.0% in the area during that time. The predominant age group in Ningi is 0-9 years. Households in Ningi are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ningi work in a trades occupation. In 2011, 69.3% of the homes in Ningi were owner-occupied compared with 67.6% in 2016.
Ningi has 2,622 properties. Over the last 5 years, Houses in Ningi have seen a 91.05% increase in median value, while Units have seen a 84.85% increase. As at 31 October 2024:
- The median value for Houses in Ningi is $858,234 while the median value for Units is $701,509.
- Houses have a median rent of $620 while Units have a median rent of $340.
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