11/20 Rivergate Place, Murarrie, QLD 4172 sold on 20 December 2024 | OnTheHouse
SOLD
Sold on 20 Dec 2024 for $1,200,000

11/20 Rivergate Place
Murarrie QLD 4172

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 178m2
Sold By
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Dugan & Co Property
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Property Details for 11/20 Rivergate Pl, Murarrie

Building Type
Commercial
Year Built
2005
Land Size
178m2
Local Government
Brisbane
Lot/Plan
11/SP188893

Last Listing description (February 2025)

Murarrie, located in the heart of the Brisbane CBD Southern Trade Coast, is a renowned commercial hub due to its strategic proximity to the Gateway Motorway, Port of Brisbane, and Brisbane Airport. This prime location is now home to a newly renovated office/warehouse available for sale. The current owner, who is selling, has successfully operated a strong business for over 10 years. 11/20 Rivergate Place, Murarrie offers businesses an exceptional opportunity to establish themselves in a key industrial precinct.

Property Features:

- Leased to Progressive Air for 3 + 3 Years at $72,000* + Outgoings + GST P.A.

- 178 sqm* of Office/Warehouse
- With additional 132sqm* of Mezzanine Area
- A-Grade Office Fit Out with Open Plan Office
- Functional Warehouse/Storage Area
- On-Site Parking
- Excellent Proximity to the Gateway Motorway, Port of Brisbane, and Brisbane Airport

For further details or to arrange an inspection contact the AGENTS, Dugan & Co Property.

*APPROX

Property History for 11/20 Rivergate Pl, Murarrie, QLD 4172

A timeline of how this property has performed in the market
Last Sold
$1,200,000
20 Dec 2024
Listed for Rent
08 Jun 2021
  • 27 Dec 2024
    Listed for Sale Price on Application
  • 20 Dec 2024
    Sold for $1,200,000
  • 30 Jul 2024
    Listed for Sale Price on Application
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About Murarrie 4172

The size of Murarrie is approximately 9.4 square kilometres. It has 18 parks covering nearly 10.7% of total area. The population of Murarrie in 2016 was 4303 people. By 2021 the population was 4946 showing a population growth of 14.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation.In 2021, 62.30% of the homes in Murarrie were owner-occupied compared with 62.80% in 2016.

Murarrie has 2,649 properties. Over the last 5 years, Houses in Murarrie have seen a 94.90% increase in median value, while Units have seen a 68.04% increase. As at 31 October 2025:

  • The median value for Houses in Murarrie is $1,286,107 while the median value for Units is $909,586.
  • Houses have a median rent of $720 while Units have a median rent of $700.
There are currently 7 properties listed for sale, and 21 properties listed for rent in Murarrie on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Murarrie.

Suburb Insights for Murarrie 4172

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.