SOLD
Sold on 23 Feb 2024 for $16,000,000

59-61 Raubers Road
Northgate QLD 4013

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11660m2
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Property Details for 59-61 Raubers Rd, Northgate

Building Type
Commercial
Land Size
11660m2
Local Government
Brisbane
Lot/Plan
4/SP171345

Last Listing description (November 2023)

This high quality facility is situated on Raubers Road, which runs directly off Nudgee Road, being approximately 12 radial kilometres from the CBD and 2 kilometres from the Gateway Arterial Motorway. The close proximity to the Gateway Arterial Motorway allows easy access to the Airport, Seaport and other major arterial routes.

Keys Features
- Available now

- Generous on-site parking
- Competitive rental

Property features include:
- 2,170sqm* total area
- 1,834sqm* high clearance warehouse (fully sprinkled)
- 7 metre wide roller doors
- Excellent truck turning and container set down areas
- Ideal for warehouse distribution
- 136sqm* ground floor showroom/office
- 200sqm* first level office
- High quality facility

For further information or to arrange an inspection, please contact Exclusive agent's Bevan Galloway or Michael Callow of Cushman & Wakefield

Property History for 59-61 Raubers Rd, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$16,000,000
23 Feb 2024
Listed for Rent
$3.83k/w
28 Apr 2022
  • 23 Feb 2024
    Sold for $16,000,000
  • 01 Jul 2021
    Sold for $16,162,082
  • 03 Mar 2020
    Listed for Rent - Price not available
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About Northgate 4013

The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.

Northgate has 2,761 properties. Over the last 5 years, Houses in Northgate have seen a 81.24% increase in median value, while Units have seen a 79.37% increase. As at 31 October 2024:

  • The median value for Houses in Northgate is $1,194,752 while the median value for Units is $644,051.
  • Houses have a median rent of $630 while Units have a median rent of $535.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Northgate.

Suburb Insights for Northgate 4013

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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.