OFF MARKET

119 Sandmere Road
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 66790m2
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Property Details for 119 Sandmere Rd, Pinkenba

Building Type
Commercial
Land Size
66790m2
Local Government
Brisbane
Lot/Plan
476/M3321

Last Listing description (April 2023)

Colliers are pleased to present the largest contiguous greenfield land opportunity to hit the open market within this precinct for over three years.

The current vendors have invested heavily in filling and compacting the site, and have an existing development approval for a resource recovery use. Offering over 400 metres of street frontage with multiple crossovers, and being ideally positioned for heavy or sensitive land uses, 77 119 Sandmere Road will be one of the last remaining opportunities to acquire a freehold land holding above 4 hectares within this tightly held corridor.

Property features include:

- 67,700sqm* site area
- Substantially filled with compaction reports available
- DA approved for resource recovery use
- Over 400m* of street frontage, two existing crossovers
- Located in high growth precinct with proximity to key State Infrastructure
- Prime location to benefit from strong Brisbane infrastructure growth over the next decade

For sale via EOI closing Thursday 3rd March.

Please contact the exclusive Colliers agents for more information.

*Approx.

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Property History for 119 Sandmere Rd, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$38,500,000
28 May 2022
Listed for Rent
28 May 2021
  • 28 May 2022
    Sold for $38,500,000
  • 25 Jan 2022
    Listed for Sale Please contact agent
  • 06 Jul 2016
    Listed for Rent - Price not available
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About Pinkenba 4008

The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2011 was 349 people. By 2016 the population was 375 showing a population growth of 7.4% in the area during that time. The predominant age group in Pinkenba is 50-59 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pinkenba work in a machinery operators and drivers occupation. In 2011, 59.2% of the homes in Pinkenba were owner-occupied compared with 55.7% in 2016.

Pinkenba has 576 properties. Over the last 5 years, Houses in Pinkenba have seen a 62.03% increase in median value, while Units have seen a 25.90% increase. As at 31 October 2024:

  • The median value for Houses in Pinkenba is $758,282 while the median value for Units is $856,132.
  • Houses have a median rent of $413.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Pinkenba on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Pinkenba.

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