8 Richards Road, Narangba, QLD 4504 | Property Value & History | OnTheHouse
OFF MARKET

8 Richards Road
Narangba QLD 4504

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 480m2
Land area: 1335m2
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Property Details for 8 Richards Rd, Narangba

Building Type
Commercial
Floor Size
480m2
Land Size
1335m2
Local Government
Moreton Bay
Lot/Plan
13/RP135887

Last Listing description (March 2021)

Within the well-established Industrial Estate of Narangba this property is located on the Western side of the Bruce highway, extremely close proximity the Boundary Road interchange for the Bruce Highway, North Lakes and all surrounding Industrial precincts.

Savills are pleased to present an investment property with an agreed new lease term at the time of contract, Outback Insulation occupy the freestanding industrial property located within the tightly held and rapidly growing precinct of Narangba. Predominately service trade businesses occupy this industrial precinct taking advantage of the close proximity of the Bruce Highway and surrounding strong commercial precinct of North Lakes and Mango Hill.


- Leased until 2019 with tenants agreed to new lease term
- Currently returning $46,159.74pa net + GST
- Tenants pay 100% of outgoings
- 480sq m* NLA (circa 36% total site coverage)
- 1,335sq m site area
- Five roller shutters & clear span warehousing
- High bay lighting + translucent polycarbonate roofing (all recently installed)
- Two offices + reception with air-conditioning
- 12 car parks onsite, including disabled
- Fully fenced and well secured yard with hardstand

Contact exclusive Savills agent Peter Capps 0401 566 999 for further information.

*Approx.

Property History for 8 Richards Rd, Narangba, QLD 4504

A timeline of how this property has performed in the market
Last Sold
$825,000
10 Dec 2020
Listed for Rent
$866/w
12 Sep 2014
  • 10 Dec 2020
    Sold for $825,000
  • 25 Oct 2016
    Listed for Sale $720,000
  • 13 Aug 2014
    Listed for Rent $45,200 / year
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About 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 9,161 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.
There are currently 82 properties listed for sale, and 25 properties listed for rent in Narangba on OnTheHouse. According to Cotality's data, 501 properties were sold in the past 12 months in Narangba.

Suburb Insights for Narangba 4504

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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.