OFF MARKET

856 Knockroe Road
Redridge QLD 4660

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 821200m2
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Property Details for 856 Knockroe Rd, Redridge

Building Type
Land
Land Size
821200m2
Local Government
Bundaberg Regional
Lot/Plan
101/SP228685

Last Listing description (May 2024)

NAI Harcourts Ignite is pleased to present this High value Commercial opportunity in the Bundaberg Region, for sale via Expression of Interest.

The current DA is for 37 lifestyle blocks, but the opportunities are endless. Why stop at 37?
The project could be staged, modified to fit well over 82 blocks on the land available, (subject to further consultation).

This is the perfect investment for a long term/high value/high return passive income.

This future estate is only a short 30 minutes drive West of the Bundaberg CBD and 10 minutes from Childers. The region is rated one of the biggest food bowls of Australia, producing 25% of the fresh produce grown in our Country.
The thriving historical township of Childers never disappoints, having a strong rural base backed by established businesses across the agriculture, service and tourism sectors.

A recent poll named 7 Wide Bay Suburbs in the top 10 Queensland highest growth areas. This is a rare opportunity to develop an in-demand lifestyle estate in a high growth region. Get in quick.

Property Overview.
202 acres
Development Approved for lifestyle blocks
Average Lot size of 4 acres
Water infrastructure along boundary
Low Density Residential zoning

Do not miss this opportunity to secure this large parcel of land in a growing community.

For more information, please contact the exclusive marketing agent Rhys Kummerow on 0437 457 575.

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 856 Knockroe Rd, Redridge, QLD 4660

A timeline of how this property has performed in the market
Last Sold
$1,320,000
13 Aug 2022
  • 13 Jul 2023
    Listed for Sale Expressions of Interest
  • 13 Aug 2022
    Sold for $1,320,000

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About Redridge 4660

The size of Redridge is approximately 69.6 square kilometres. It has 5 parks covering nearly 0.7% of total area. The population of Redridge in 2011 was 615 people. By 2016 the population was 633 showing a population growth of 2.9% in the area during that time. The predominant age group in Redridge is 60-69 years. Households in Redridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redridge work in a machinery operators and drivers occupation. In 2011, 88.7% of the homes in Redridge were owner-occupied compared with 85.1% in 2016.

Redridge has 391 properties. Over the last 5 years, Houses in Redridge have seen a 120.36% increase in median value. As at 31 October 2024:

  • The median value for Houses in Redridge is $680,814 while the median value for Units is $407,093.
  • Houses have a median rent of $475.
There are currently 3 properties listed for sale, and no properties listed for rent in Redridge on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Redridge.

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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.