12/20 Rivergate Place, Murarrie, QLD 4172 | Property Value & History | OnTheHouse
OFF MARKET

12/20 Rivergate Place
Murarrie QLD 4172

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 232m2
Land area: 236m2
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Property Details for 12/20 Rivergate Pl, Murarrie

Building Type
Commercial
Year Built
2005
Floor Size
232m2
Land Size
236m2
Local Government
Brisbane
Lot/Plan
12/SP188893

Last Listing description (June 2022)

Ray White Commercial Milton & Ray White Commercial Bayside are pleased to present 12/20 Rivergate Place, Murarrie to the market for sale via expressions of interest:

Features include:

- 232m2 corporate office over two levels
- New 5 + 5 year lease commencing 1st July 2021 to Medical I.T. Pty Ltd a wholly owned subsidiary of www.civica.com (UK based multinational software company formed >30 years ago)
- Net return of $60,000 annually + outgoings and GST
- Corner unit with exposure to Rivergate Place
- 4 exclusive car parks
- Open plan layout with managers offices & boardroom
- Amenities on both levels.

Murarrie is one of Brisbane's most strategically located and highly sought after industrial precincts, close to the Port of Brisbane, Airport, Gateway Motorway and Brisbane City.

Expressions of interest close COB 10th May 2022 if not sold prior.

Don't miss your chance to secure this corporate investment, contact Exclusive Agents at Ray White Commercial to arrange inspection.

Property History for 12/20 Rivergate Pl, Murarrie, QLD 4172

A timeline of how this property has performed in the market
Last Sold
$985,000
13 Jul 2022
Listed for Rent
18 Jul 2016
  • 13 Jul 2022
    Sold for $985,000
  • 13 Apr 2022
    Listed for Sale Expression of Interest closing 10th May 2022
  • 11 Jul 2018
    Sold for $638,000
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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 2,651 properties. Over the last 5 years, Houses in Murarrie have seen a 87.52% increase in median value, while Units have seen a 73.99% increase. As at 30 November 2025:

  • The median value for Houses in Murarrie is $1,305,433 while the median value for Units is $935,332.
  • Houses have a median rent of $700 while Units have a median rent of $700.
There are currently 7 properties listed for sale, and 18 properties listed for rent in Murarrie on OnTheHouse. According to Cotality's data, 124 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.