1,2,3/24 Ferguson Avenue, Bongaree, QLD 4507 | Unit for sale | OnTheHouse
 
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1,2,3/24 Ferguson Avenue
Bongaree QLD 4507

Bedrooms: 6
Bathrooms: 3
Car spaces: 6
Land area: 604m2
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STRATA-TITLED 3 UNIT BLOCK - FRONT ROW BONGAREE, BRIBIE ISLAND

Capitalise on a landmark Bribie Island location and reap the lucrative rewards an entire block of three strata-titled units.
Situated approx. 250m from the sandy beaches of Pumicestone Passage and footsteps from cafés, shops and public transport, this is well-kept, blue-chip, beachside holding offers significant potential.
Spanning a 604m2 parcel with a 21m street frontage, and zoned Next Generation Neighbourhood, it presents a compelling proposition for astute investors and developers.
The combination of wide frontage and height allowance (up to 12m STCA) provides significant development potential, whether you're considering a future redevelopment, a landbank opportunity, or simply a high-performing investment.
Each of the three units offer two good-sized bedrooms, a comfortable living and dining space, a practical kitchen, and a neat, tidy bathroom. One unit has a long balcony that takes in water views, whilst the other two offer a courtyard. The property has been looked after over time, making it a straightforward, low-maintenance investment.
Returning approx $84,240/year in gross income, giving you a solid return from day one.
Bribie Island is widely recognised as one of the Moreton Bay Regions premier coastal suburbs, offering a relaxed lifestyle coupled with a strong sense of community. With a second bridge to Bribie planned for the near future, a Satellite Hospital now fully operational, a patrolled surf beach at Woorim just 8 minute drive away and a lifestyle that has something for everyone, this is truly a prime opportunity for buyers seeking an enviable coastal address that continues to grow in value and appeal.
Property Specifications:
- Entire block of three strata-titled units
- 3 x 2 bedroom, 1 bathroom units, each with a single lock-up garage
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Property Details for 1,2,3/24 Ferguson Ave, Bongaree, QLD 4507

123/24 Ferguson Ave Bongaree QLD 4507 is a 6 bedroom, 3 bathroom Unit with 6 parking spaces. The property has a land size of 604m2. The place is currently for sale with Wilson and Co Property Professionals.

Building Type
Unit
Land Size
604m2
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About Bongaree 4507

The size of Bongaree is approximately 6.9 square kilometres. There are 17 parks, covering nearly 34.8% of the total area. The population of Bongaree in 2016 was 6947 people. By 2021 the population was 8162 showing a population growth of 17.5% in the area during that time. The predominant age group in Bongaree is 70-79 years. Households in Bongaree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bongaree work in a community and personal service occupation.In 2021, 69.40% of the homes in Bongaree were owner-occupied compared with 64.00% in 2016.

Bongaree has 5,247 properties. Over the last 5 years, Houses in Bongaree have seen a 69.84% increase in median value, while Units have seen a 88.92% increase. As at 31 July 2026:

  • The median value for Houses in Bongaree is $1,025,418 while the median value for Units is $737,140.
  • Houses have a median rent of $695 while Units have a median rent of $523.
There are currently 54 properties listed for sale, and 7 properties listed for rent in Bongaree on OnTheHouse. According to Cotality's data, 206 properties were sold in the past 12 months in Bongaree.

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Sally Grant
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Wilson and Co Property Professionals
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