650 Old Gympie RoadNarangba QLD 4504
Property Details for 650 Old Gympie Rd, Narangba
Last Listing description (January 2021)
Ray White Commercial Northern Corridor Group are pleased to offer 650 Old Gympie Road, Narangba for Sale.
This high profile corner lot provides the perfect blend of present day functionality with longer term development potential in one of the most tightly held precincts in the Northern Corridor. Existing buildings offer investors flexibility to segment the property across multiple tenancies, while owner occupiers will enjoy the secure hardstand and storage areas offered by so few properties in the region.
With an estimated 330,000* additional residents expected to move to the Northern Corridor by 2031, the prominent location and highway accessibility makes this property one of the premium opportunities of 2019 in this region.
• High profile 4,226m2 corner lot
• Flexible General Industry Zoning
• 900m2 approx. building area
• Combination of office and clear span warehouse
• Low site coverage with expansion or development potential
• Fully fenced with additional hardstand areas
• Immediate north and south bound Bruce Highway access
For further information or to arrange an inspection, please contact Chris Massie
*Moreton Bay Regional Council
Property History for 650 Old Gympie Rd, Narangba, QLD 4504
- 21 Sep 2020Sold for $1,430,000
- 18 Feb 2019Listed for Sale Not Disclosed
- 24 Jun 2003Sold for $725,000
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0About Narangba 4504
The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5.0% of total area. The population of Narangba in 2016 was 18573 people. By 2021 the population was 20910 showing a population growth of 12.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a professional occupation.In 2021, 74.90% of the homes in Narangba were owner-occupied compared with 73.90% in 2016.
Narangba has 9,155 properties. Over the last 5 years, Houses in Narangba have seen a 91.43% increase in median value, while Units have seen a 134.19% increase. As at 31 December 2025:
- The median value for Houses in Narangba is $1,022,834 while the median value for Units is $626,018.
- Houses have a median rent of $650 while Units have a median rent of $580.
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