280 Bilsen RoadGeebung QLD 4034
Property Details for 280 Bilsen Rd, Geebung
Last Listing description (November 2022)
Significant 9.1ha* Value Add Opportunity Northern Brisbane
JLL Capital Markets Industrial & Logistics team is pleased to offer for sale an exceptional value-add investment opportunity of scale within one of Brisbane's most tightly held and land constrained industrial markets.The asset is located at 22 Ellison Road & 280-288 Bilsen Road, Geebung an established inner northern industrial precinct approximately 10 kilometres from CBD.
The property is underpinned by holding income totalling $3,671,398 net pa from Pickles Auctions and Acrow Scaffolding with a WALE of 2.1 years as at 1 August 2021.The property is one on the largest land holdings within Geebung industrial precinct and provides an incoming purchaser multiple value-add opportunities, whist also maintaining holding income until 2030.
Key Investment Highlights include:
Irreplaceable 9.1*ha corner site within a highly constrained land market
Inner northern Brisbane location approx. 10km from the Brisbane CBD
Functional improvements totaling 21,836sqm*
Holding incoming of $3,671,398* net per annum via two national tenants
Ability to further subdivide to cater for multiple tenants
Opportunity to value-add via higher density business park / industrial development (STCA)
Staggered lease expiry providing sustainable holding income
Land rich site with strong underlying land value
*approximate
(STCA) Subject to council approval
The property is being offered for sale via Expressions of Interest closing Wednesday 7 th July 2021 at 4pm (AEDT).
For further information please contact the below exclusive marketing agents.
Property History for 280 Bilsen Rd, Geebung, QLD 4034
- 27 Sep 2021Sold for $67,750,000
- 02 Jun 2021Listed for Sale Contact Agent
- 16 Nov 1996Sold for $1,500,000
Recent sales nearby
See more recent sales nearby/assets/perm/klblvadbz4i6xcpbrm3w5dbwji?signature=a481778af18e3e4d21fbf6d6676ec3887bfcbf96503e5874efa9bd4442d98a1d){kind=logo}
0/assets/perm/szoufegd4mi63pvi6wro2wrqpu?signature=2449c37a0a3bc0d436a84dd9d6c20f934697591220c329ab64017c634b2233fb){kind=logo}
0/assets/perm/r22vdd56j4i6nkznr6p6r7xxvm?signature=663d9803f2f6de1ea7196dbf5aa25292446211b4a6a66eae2cab132750527e1d){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Geebung 4034
The size of Geebung is approximately 3.8 square kilometres. It has 9 parks covering nearly 5.4% of total area. The population of Geebung in 2016 was 4626 people. By 2021 the population was 4850 showing a population growth of 4.8% in the area during that time. The predominant age group in Geebung is 30-39 years. Households in Geebung are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geebung work in a professional occupation.In 2021, 72.00% of the homes in Geebung were owner-occupied compared with 70.50% in 2016.
Geebung has 2,637 properties. Over the last 5 years, Houses in Geebung have seen a 95.16% increase in median value, while Units have seen a 101.86% increase. As at 30 November 2025:
- The median value for Houses in Geebung is $1,183,275 while the median value for Units is $893,331.
- Houses have a median rent of $683 while Units have a median rent of $385.
Suburb Insights for Geebung 4034
Market Insights
Geebung Trends for Houses
N/A
N/A
View TrendN/A
N/A
Geebung Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
