922-940 Bribie Island RoadNingi QLD 4511
Property Details for 922-940 Bribie Island Rd, Ningi
Last Listing description (July 2024)
RWC Retail are proud to present 922-940 Bribie Island Road, Ningi, a high profile retail development site situated in the heart of the Moreton Bay region. Deceased Estate and must be sold at Auction.
|What|
• A level 1.3ha retail development site
• Exposure to over 169,400^ vehicles weekly
• 'Neighbourhood Hub' zone overlaid, supporting commercial developments including convenience shopping centres, fast food and healthcare
• Existing holding income from a popular patiserie, nursery and billboard
|Where|
• Situated in the heart of the Moreton Bay region, 42km* North of the Brisbane CBD
• Moreton Bay is one of the fastest growing regions in Australia, with its population projected to grow 43% by 2041 to over 690,000 residents
|Why|
• Deceased Estate - must be sold at Auction
• Ideally positioned for convenience retail development, capturing all traffic flow in the region and being situated next to a signalled intersection
Property History for 922-940 Bribie Island Rd, Ningi, QLD 4511
- 26 Jul 2024Sold for $2,060,000
- 02 Jul 2024Listed for Sale Auction 26 July 2024 9:45am
- 13 Aug 2019Listed for Rent $30,160 / year
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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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