2/30 Ferguson AvenueBongaree QLD 4507
Property Details for 2/30 Ferguson Ave, Bongaree
Last Listing description (November 2025)
This is your chance to secure a prime Bribie Island Main Street commercial asset with a strong, nationally recognised tenant in place, Ray White Bribie Island. The property offers secure, long-term income underpinned by a guaranteed minimum 4% annual review and predictable outgoings, providing you with a low-risk, highly reliable return.
Strategically positioned within walking distance to the waterfront, the asset enjoys excellent natural foot traffic, high visibility, and the benefits of Bribie Island's main commercial strip. With dual freehold titles, limited local competition, and exposure to the broader growth dynamics of the rapidly expanding Moreton Bay region, this property represents an attractive investment in one of the area's fastest-growing commercial hubs.
What sets this opportunity apart is the combination of covenant security, fixed rental growth, and an adaptable asset in a precinct where high-quality freehold office stock is in short supply. For investors targeting income stability with upside potential, this Main Street asset offers predictable cash flow and a compelling entry into a tightly held, high-demand market.
Key Highlights
2 strata titled units on a stand-alone 574m2* lot
NLA: 356m2
Income: Gross $194,688 | Net $177,186.60
Car Parks: 6 with 2 Lockable Garages
Secure Tenant: Leased to Ray White Bribie Island, nationally recognised
Lease Terms: 3 years remaining + 5-year option; annual increases greater of CPI or 4%
Efficient Structure: Minimal outgoings $19,843.28 p.a. (water recoverable)
Prime Location: Main Street commercial precinct; walking distance to waterfront; strong foot traffic
Capital Growth Potential: High replacement cost; Moreton Bay population +58% by 2046; infrastructure pipeline supports long-term value
Market Sentiment: Non-CBD office demand rebounding; limited supply
Investor Efficiency & Appeal: Option for professional management (4% p.a.) or continue self-management
FOR SALE VIA PUBLIC AUCTION. Friday 24th October 2025 at 10:30 am (AEST) Level 26, 111 Eagle Street, Brisbane City
For more information, contact Troy Sturgess and Chris Massie from RWC Northern Corridor Group
Property History for 2/30 Ferguson Ave, Bongaree, QLD 4507
- 24 Oct 2025Sold for $1,586,000
- 21 Sep 2025Listed for Sale AUCTION Friday 24 October at 10:30am
- 02 Mar 2016Sold for $430,000
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0About Bongaree 4507
The size of Bongaree is approximately 6.9 square kilometres. It has 17 parks covering nearly 34.8% of 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 4,829 properties. Over the last 5 years, Houses in Bongaree have seen a 97.01% increase in median value, while Units have seen a 98.66% increase. As at 30 November 2025:
- The median value for Houses in Bongaree is $963,907 while the median value for Units is $687,623.
- Houses have a median rent of $650 while Units have a median rent of $500.
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