SOLD
Sold on 28 Feb 2024 for $3,150,000

22 Bainbridge Street
Ormiston QLD 4160

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2073m2
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Property Details for 22 Bainbridge St, Ormiston

Building Type
Commercial
Land Size
2073m2
Local Government
Redland
Lot/Plan
100/RP889340

Last Listing description (October 2024)

RWC Bayside is pleased to present, Shop 7/22-24 Bainbridge Street, Ormiston.

This bright 71sqm* space occupies the prominent end position in a busy neighbourhood complex with on-site parking and high-exposure signage opportunities.

Predominantly open-plan and with self-contained amenities, this tenancy would suit a range of retail, consulting, office or medical uses. With consistent foot traffic from surrounding businesses, this neatly-presented retail/commercial space is an excellent opportunity for any business to establish themselves in a vibrant and successful environment.

Features include:
71sqm* predominantly open-plan space
Air-conditioning
Lighting
Phone & data cabling
Self-contained amenities
Rear access
High profile end position in busy professional centre
Excellent signage and exposure
Ample on-site parking

Gross Rent : $2,900^ PCM + GST

^ All rentals quoted are exclusive of GST
* Approximately

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Property History for 22 Bainbridge St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
Last Sold
$3,150,000
28 Feb 2024
Listed for Rent
$73/w
22 Sep 2016
  • 25 Jul 2024
    Listed for Rent $38,400 / year
  • 28 Feb 2024
    Sold for $3,150,000
  • 04 Oct 2023
    Listed for Sale Expressions of Interest
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About Ormiston 4160

The size of Ormiston is approximately 5 square kilometres. It has 30 parks covering nearly 23% of total area. The population of Ormiston in 2011 was 5,641 people. By 2016 the population was 5,796 showing a population growth of 2.7% in the area during that time. The predominant age group in Ormiston is 50-59 years. Households in Ormiston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormiston work in a professional occupation. In 2011, 76.9% of the homes in Ormiston were owner-occupied compared with 76.2% in 2016.

Ormiston has 3,055 properties. Over the last 5 years, Houses in Ormiston have seen a 77.87% increase in median value, while Units have seen a 77.36% increase. As at 30 September 2024:

  • The median value for Houses in Ormiston is $1,209,472 while the median value for Units is $675,904.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 38 properties listed for sale, and 5 properties listed for rent in Ormiston on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Ormiston.

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Alex Sinclair
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Nathan Moore
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RWC Bayside
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