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Sold on 26 Jul 2024 - Price Unavailable

922-940 Bribie Island Road
Ningi QLD 4511

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 12970m2
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Property Details for 922-940 Bribie Island Rd, Ningi

Building Type
Commercial
Floor Size
1m2
Land Size
12970m2
Local Government
Moreton Bay
Lot/Plan
7/SP121832

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

• 143m* street frontage to Bribie Island Road - the only connection between the Bruce Highway and Bribie Island & Sandstone Point
• 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

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Property History for 922-940 Bribie Island Rd, Ningi, QLD 4511

A timeline of how this property has performed in the market
Last Sold
26 Jul 2024
Listed for Rent
$578/w
09 Jan 2020
  • 26 Jul 2024
    Sold for $2,060,000
  • 02 Jul 2024
    Listed for Sale Auction 26 July 2024 9:45am
  • 13 Aug 2019
    Listed 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 2,620 properties. Over the last 5 years, Houses in Ningi have seen a 78.41% increase in median value, while Units have seen a 81.21% increase. As at 31 August 2024:

  • The median value for Houses in Ningi is $837,449 while the median value for Units is $652,002.
  • Houses have a median rent of $620 while Units have a median rent of $340.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Ningi on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Ningi.

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Lachlan O'Keeffe
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Michael Feltoe
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RWC Retail QLD
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