475 Newman RoadGeebung QLD 4034
Property Details for 475 Newman Rd, Geebung
Last Listing description (October 2021)
CBRE are pleased to present 475 Newman Road, Geebung for sale via offers to purchase. The property presents a rare opportunity to acquire a fully leased industrial asset comprising of 4 modern tilt panel industrial units and a freestanding building on one title. The industrial units front busy Newman Road and present to a modern corporate standard and have been occupied by long standing tenants. The rear freestanding industrial building is functional & construction is of metal clad. There is concrete hardstand area suitable for container storage. The allotment totals approximately 3,399sqm* of General Industry Zoned land.
Situated within the centre of Brisbane's Northside, Geebung makes for a sought after location for industrial & logistics users. Newman Road is located between Sandgate and Gympie Road, offering brilliant access to key arterials such as the Gateway Motorway and Bruce Highway. Another major drawcard for Geebung, is it's proximity to key logistics locations such as the Brisbane Airport and Port of Brisbane.
Key features of this prime investment opportunity include:
Approximate passing net income of $213,391pa* with potentially fully leased income of equating to $238,415.
Strong mix of tenant covenants including global, national and local companies
Significant land holding of 3,399sqm*
2,050sqm* Gross Floor Area spread across six (6) tenancies
Core inner north Brisbane location within sought after industrial corridor
For any further questions about this opportunity please do not hesitate to contact your exclusive agents CBRE.
Property History for 475 Newman Rd, Geebung, QLD 4034
- 29 Nov 2021Sold for $4,500,000
- 27 Oct 2021Listed for Sale Contact Agent
- 29 Jan 2020Listed for Rent $60,000 / year
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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