OFF MARKET

200-206 Thorneside Road
Thorneside QLD 4158

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3913m2
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Last updated 11 Nov 2024
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Property Details for 200-206 Thorneside Rd, Thorneside

200-206 Thorneside Rd, Thorneside is a bedroom, bathroom House. The property has a land size of 3913m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Land Size
3913m2
Local Government
Redland
Lot/Plan
2/RP157602

Last Listing description (October 2024)

RWC Queensland and Ray White Special Projects (Qld) are proud to present to the market for sale 200 Thorneside Road, Thorneside QLD.

Thorneside is a quiet suburb located in Brisbane's Bayside, approximately 17km* east of the Brisbane CBD. Major features of the area are a canal-style housing development known as Aquatic Paradise, a shopping precinct located near Aquatic Paradise and a retirement village known as Wellington Manor. It is also soon to become the host of the White Water Rafting for the 2032 Olympics labelled the new Birkdale Community Precinct.

KEY FEATURES OF THIS OPPORTUNITY INCLUDE:

- 3,913m* development site with 61.4* metres of street frontage
- Strategically positioned within short walking distance to Thorneside Shopping Village (50 metres*) and Thorneside Train Station (650 metres*)
- Exceptional education options available, with both public and private schools nearby and numerous early learning centres, including Goodstart Early Learning Centre Thorneside, Birkdale State school, Redlands College Wellington Point State High School, Moreton Bay Boys College and Moreton Bay College
- Council Bus Stop positioned directly outside subject property
- Zoned Medium Density Residential
- Code Assessable Building Height of 13 metres
- Development Approval for a bespoke 53 unit residential apartment project, set across 4 storeys
- Product mix of 37 x 2 bedroom units and 16 x 3 bedroom units with outstanding bay vistas from upper levels
- Substantial private open space areas for ground floor units
- Alternate use option to reposition the project towards Retirement Living, Aged Care, Social and Affordable Housing or Built to Rent^
- Capitalise on extremely strong consumer demand in the Bayside area, currently experiencing a substantial undersupply of housing accommodation

*Approximately.
^Subject to Council Approval.
Image outlines/labels and artist impressions indicative only

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Property History for 200-206 Thorneside Rd, Thorneside, QLD 4158

A timeline of how this property has performed in the market
Last Sold
$2,415,000
06 Jul 2022
  • 06 Feb 2024
    Listed for Sale For Sale by EOI closing 7 March 2024
  • 06 Jul 2022
    Sold for $2,415,000

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About Thorneside 4158

The size of Thorneside is approximately 2.6 square kilometres. It has 14 parks covering nearly 15.4% of total area. The population of Thorneside in 2011 was 3,547 people. By 2016 the population was 3,772 showing a population growth of 6.3% in the area during that time. The predominant age group in Thorneside is 50-59 years. Households in Thorneside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorneside work in a professional occupation. In 2011, 65.8% of the homes in Thorneside were owner-occupied compared with 66% in 2016.

Thorneside has 1,837 properties. Over the last 5 years, Houses in Thorneside have seen a 91.71% increase in median value, while Units have seen a 100.93% increase. As at 31 October 2024:

  • The median value for Houses in Thorneside is $1,046,860 while the median value for Units is $632,801.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Thorneside on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Thorneside.

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