38-42 Railway ParadeGeebung QLD 4034
Property Details for 38-42 Railway Pde, Geebung
Last Listing description (February 2024)
Discover endless possibilities with this unique corner site, previously a community lifestyle centre. The property's versatility opens doors for both commercial and community use, as well as the potential for a 1 into 3 Lot Subdivision and more. This property and location will appeal to a diverse range of potential buyers or investors.
Boasting a prime location on a 1391m2 corner block, the property is conveniently positioned with Geebung train station and a Brisbane City Council bus stop directly out front. Excellent transport arteries and proximity to Brisbane International Airport enhance its accessibility.
Situated in the thriving suburb of Geebung, just 13km from the heart of Brisbane, this property offers significant growth and investment potential. The area is witnessing a transformation, with post-war homes being renovated or replaced.
Property Highlights:
Dual Street Access: Enjoy the convenience of two street accesses from Railway Parade (approx 46m2 frontage) and Bayview Terrace (approx 40m2 frontage), enhancing the property's accessibility and potential uses.
Construction: Spanning over 315m2 of floor space, built with hardwood timber and weatherboard, Terracotta roof tiles. The property's solid construction is elevated on concrete stumps and a brick base, complemented by high 11-foot ceilings, massive rooms and an out door entertaining area.
Functional Spaces: Multiple entry points, ramps, and disability access, coupled with spacious rooms and multiple bathrooms (9 toilets and shower), make this property adaptable to various uses.
Kitchen and Amenities: A functional kitchen with an island bench, ample storage, double door dishwasher, oven, and plumbing for a fridge.
Utilities and Features: Eight air conditioners, solar panels, security screening, a security system, outdoor undercover area, garden shed and storage shed with roller door access from both sides.
Local Amenities: Geebung boasts excellent schools, green spaces, and proximity to Westfield Chermside shopping centre. The community is family-oriented, offering a quiet and welcoming atmosphere.
Opportunities:
This is a rare opportunity in a suburb on the rise. Explore the potential of this property by contacting James Chippendale. Don't miss out on this chance to be part of Geebung's growth story.
Act quick, as opportunities such as this are extremely rare!
This property will sell. Please submit all offers by close of business Tuesday 21st of November 2023
Please call James Chippendale now on 04 3489 3489 to discuss further.
Property History for 38-42 Railway Pde, Geebung, QLD 4034
- 04 Dec 2023Sold for $1,370,000
- 10 Nov 2023Listed for Sale For Sale
Recent sales nearby
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About 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 2,633 properties. Over the last 5 years, Houses in Geebung have seen a 95.95% increase in median value, while Units have seen a 101.06% increase. As at 31 December 2025:
- The median value for Houses in Geebung is $1,192,220 while the median value for Units is $875,250.
- Houses have a median rent of $683 while Units have a median rent of $370.
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