48 Mcbride Rd, Pinkenba is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1012m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2005.
Positioned in one of Brisbane's upcoming suburbs, this unique property offers an exceptional blend of income, location, and future development potential.
Just 7km from Hamilton & Ascot home to Brisbane's prestigious lifestyle precinct and the upcoming Olympic Village Pinkenba is rapidly emerging as a hotspot for growth. With Brisbane Airport at your doorstep, only 20km to the CBD, and the Gateway Bridge just 10 minutes away providing quick access to the southside, this location is unmatched for convenience and connectivity.
Set on two titles within one block, the property offers a rare combination of commercial and residential use. There are two shopfront in the front section and the larger one is currently leased to a family-operated Australia Post Office, returning $3,000 per month. At the rear sits a home with strong renovation potential, which once improved, could generate an additional $600$700 per week in rental income. Together, the estimated gross yield can exceed 6% - 7% per annum.
Beyond the immediate returns, the property is strategically positioned to benefit from Brisbane's major infrastructure pipeline leading up to the 2032 Olympic Games. With zoning that allows for future subdivision and the potential for unit or townhouse development (STCA), this site presents an exciting long-term opportunity for astute buyers.
This is the perfect chance to secure a foothold in one of Brisbane City Council's most anticipated growth suburbs. Opportunities like this are tightly held and in high demand.
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The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2016 was 368 people. By 2021 the population was 350 showing a population decline of 4.9% in the area during that time. The predominant age group in Pinkenba is 30-39 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pinkenba work in a labourer occupation.In 2021, 71.00% of the homes in Pinkenba were owner-occupied compared with 55.70% in 2016.
Pinkenba has 601 properties. Over the last 5 years, Houses in Pinkenba have seen a 34.00% increase in median value, while Units have seen a 57.77% increase. As at 31 December 2025:
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