128 Bainbridge StreetOrmiston QLD 4160
Property Details for 128 Bainbridge St, Ormiston
128 Bainbridge St, Ormiston is a 9 bedroom, 3 bathroom House with 4 parking spaces and was built in 1977. The property has a land size of 3283m2 and floor size of 212m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (January 2026)
Option 1: Demolish existing dwellings and subdivide 3 lots into 12 (DA APPROVED)
Option 2: Retain existing dwellings and subdivide 124A & 128 into 8 lots (DA APPROVED)
Option 3: Keep existing dwellings and land bank while generating rental income and subdivide 124A into 2 lots (STCA)
A rare opportunity presents itself to secure a substantial allotment with significant future development potential. Positioned on a sprawling 6,703m block, this prime site at 124A, 126 & 128 Bainbridge Street, Ormiston offers immense scope for astute investors and developers. With City Council DA approval in place to subdivide the existing 3 lots into 12 lots, this is an exceptional opportunity for developers, land bankers, or savvy investors looking to establish a strong presence in one of the Redlands' most sought-after growth locations.
The property backs onto a tranquil residential street that has undergone significant reformation with many original houses being replaced by high-end homes, luxury apartment complexes and commercial properties, forever changing the landscape of this area.
3 Individual Titles & Dwellings:
*** 124a Bainbridge Street
1610sqm
Vacant Land
*** 126 Bainbridge Street
Solid Brick Two Storey Dwelling | 1810sqm
5 Bedrooms | 2 Bathrooms | Single Carport | 2 Large Sheds
Renovated Bathrooms & Kitchen | Spacious Balcony
Rental Income Approx. $950 weekly
*** 128 Bainbridge Street
Solid Brick Lowset Dwelling | 3283sqm
4 Bedrooms | 1 Bathroom + 2 Powder Rooms | Double Carport
Enclosed Patios | Multiple Storage and Living Spaces
Rental Income Approx. $750 weekly.
Location Highlights:
School Catchment for Ormiston State School & Cleveland District State School
Close proximity to the highly esteemed Ormiston College
Local Parklands at every corner
500M to Local Bus Stop
1.2KM to Ormiston Train Station
1.3KM to Shore Street Central
2.6KM to Cleveland Shopping Centre
3.1KM to Redland Hospital
You have the option to obtain rental income, demolish and develop the block, or land bank for future prospects within an increasingly sought-after locale. These kinds of opportunities don't come by often. 124a, 126, 128 Bainbridge Street is sure to tick all your boxes! Don't miss this opportunity to secure your piece of Ormiston paradise!
Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.
*DISCLAIMER*
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 128 Bainbridge St, Ormiston, QLD 4160
- 16 Jun 2025Listed for Sale CONTACT AGENT
- 22 Feb 2023Sold for $2,750,000
- 25 Feb 2022Sold for $1,330,000
Recent sales nearby
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About Ormiston 4160
The size of Ormiston is approximately 5.0 square kilometres. It has 30 parks covering nearly 23.0% of total area. The population of Ormiston in 2016 was 5793 people. By 2021 the population was 6379 showing a population growth of 10.1% in the area during that time. The predominant age group in Ormiston is 50-59 years. Households in Ormiston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormiston work in a professional occupation.In 2021, 74.90% of the homes in Ormiston were owner-occupied compared with 76.20% in 2016.
Ormiston has 3,110 properties. Over the last 5 years, Houses in Ormiston have seen a 86.61% increase in median value, while Units have seen a 108.65% increase. As at 31 January 2026:
- The median value for Houses in Ormiston is $1,412,043 while the median value for Units is $837,469.
- Houses have a median rent of $800 while Units have a median rent of $615.
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