1409 Sandgate RoadNundah QLD 4012
Property Details for 1409 Sandgate Rd, Nundah
Last Listing description (August 2022)
Ray White Commercial QLD are pleased to offer Red Rooster Nundah for sale by Auction.
The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 August 2022 at 10:45 am (AEST).
Red Rooster Nundah offers a fast food investment opportunity with the security of a long term existing national tenant and the future benefit of substantial development upside.
The asset is underpinned by the following highlights:
5-year lease to Red Rooster
Net income: $86,763* + GST pa.
Mixed Use zoning allowing potential code assessable redevelopment up to 5 storeys
1217sqm* site area with 69m* frontage to Sandgate Road and Henchman Streets
45,000* vehicles passing daily
23 on-site car parks
Huge potential for capital growth, underpinned by strong fundamentals and demographics
Contact the exclusive marketing agents for more information. We encourage your enquiry and inspections.
*Approx
Property History for 1409 Sandgate Rd, Nundah, QLD 4012
- 18 Aug 2022Sold for $2,280,000
- 25 Jul 2022Listed for Sale Auction In-Rooms Thursday 18 August
Recent sales nearby
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About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2016 was 12141 people. By 2021 the population was 13098 showing a population growth of 7.9% in the area during that time. The predominant age group in Nundah is 30-39 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation.In 2021, 43.00% of the homes in Nundah were owner-occupied compared with 40.00% in 2016.
Nundah has 8,408 properties. Over the last 5 years, Houses in Nundah have seen a 80.72% increase in median value, while Units have seen a 132.06% increase. As at 31 March 2026:
- The median value for Houses in Nundah is $1,524,497 while the median value for Units is $875,676.
- Houses have a median rent of $745 while Units have a median rent of $625.
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