72 Brisbane RoadRedbank QLD 4301
Property Details for 72 Brisbane Rd, Redbank
Last Listing description (September 2019)
CBRE Hotels in conjunction with Power Jeffrey & Co are privileged to present to the market the freehold going concern interest in the Commercial Hotel, Redbank.
Key investment highlights include:
- Strong underlying gaming value with 24 authorities currently valued at approximately $4.2mil*
- 41% above the LGA NMW per machine per day
- Currently run under management ideal acquisition for fund or owner operators
- The hotel comprises of a sports bar, gaming room with 24 machines, indoor bistro, adjoining outdoor dining area, modern kitchen facility, walk-in bottle shop, four guest rooms and administration office to the first floor
- Surrounded by traffic generators including Redbank Train Station, Ipswich Motorway and new $5bn light armoured vehicle
- Redbank is 22km* south-west of Brisbane CBD and 10km* from central Ipswich
*approx.
Property History for 72 Brisbane Rd, Redbank, QLD 4301
- 12 Nov 2024Sold for $10,500,000
- 25 Nov 2021Sold for $7,000,000
- 23 May 2019Listed for Sale OFFERS TO PURCHASE
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About Redbank 4301
The size of Redbank is approximately 8.3 square kilometres. There are 9 parks, covering nearly 3.1% of the total area. The population of Redbank in 2016 was 1834 people. By 2021 the population was 2931 showing a population growth of 59.8% in the area during that time. The predominant age group in Redbank is 20-29 years. Households in Redbank are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation.In 2021, 40.40% of the homes in Redbank were owner-occupied compared with 49.60% in 2016.
Redbank has 1,403 properties. Over the last 5 years, Houses in Redbank have seen a 120.21% increase in median value, while Units have seen a 207.33% increase. As at 30 June 2026:
- The median value for Houses in Redbank is $925,298 while the median value for Units is $731,070.
- Houses have a median rent of $580 while Units have a median rent of $495.
Suburb Insights for Redbank 4301
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