Auction details
- Auction24October
Auction location: Ray White Corporate
Contact the agent if you'd like further information.
Enquire with AgentOffices for Sale in Bongaree
Tightly Held Bribie Island Commercial Asset - Stability, Growth & Visibility
- Building: 356m²
- Land: 574m²
Next Steps:
Enquire with agentThis is your chance to secure a prime Bribie Island Main Street commercial asset with a strong, nationally recognised tenant in place, Ray White Bribie Island. The property offers secure, long-term income underpinned by a guaranteed minimum 4% annual review and predictable outgoings, providing you with a low-risk, highly reliable return.
Strategically positioned within walking distance to the waterfront, the asset enjoys excellent natural foot traffic, high visibility, and the benefits of Bribie Island's main commercial strip. With dual freehold titles, limited local competition, and exposure to the broader growth dynamics of the rapidly expanding Moreton Bay region, this property represents an attractive investment in one of the area's fastest-growing commercial hubs.
What sets this opportunity apart is the combination of covenant security, fixed rental growth, and an adaptable asset in a precinct where high-quality freehold office stock is in short supply. For investors targeting income stability with upside potential, this Main Street asset offers predictable cash flow and a compelling entry into a tightly held, high-demand market.
Key Highlights
- 2 strata titled units on a stand-alone 574m2* lot
- NLA: 356m2
- Income: Gross $194,688 | Net $177,186.60
- Car Parks: 6 with 2 Lockable Garages
- Secure Tenant: Leased to Ray White Bribie Island, nationally recognised
- Lease Terms: 3 years remaining + 5-year option; annual increases greater of CPI or 4%
- Efficient Structure: Minimal outgoings $ $19,843.28 p.a. (water recoverable)
- Prime Location: Main Street commercial precinct; walking distance to waterfront; strong foot traffic
- Capital Growth Potential: High replacement cost; Moreton Bay population +58% by 2046; infrastructure pipeline supports long-term value
- Market Sentiment: Non-CBD office demand rebounding; limited supply
- Investor Efficiency & Appeal: Option for professional management (4% p.a.) or continue self-management
FOR SALE VIA PUBLIC AUCTION. Friday 24th October 2025 at 10:30 am (AEST) Level 26, 111 Eagle Street, Brisbane City
For more information, contact Troy Sturgess and Chris Massie from RWC Northern Corridor Group
356m²
574m² / 0.14 acres
Commercial
Tenanted
Next Steps:
Enquire with agentThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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