1,2,3/24 Ferguson Avenue, Bongaree, Qld 4507

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Unit
Type
6
Bedrooms
3
Bathrooms
6
Parkings
604 m²
Area

Published on Monday, April 20, 2026 ( See property details for 1,2,3/24 Ferguson Avenue, Bongaree, Qld 4507)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile coastal investment opportunity comprising three well-maintained units with development potential in the sought-after Bribie Island area.

🏡 Property Highlights

  • Prime coastal location just 250m from Pumicestone Passage beaches
  • Entire block of three strata-titled units with strong rental income
  • Development potential with up to 12m height allowance (STCA)
  • Wide 21m street frontage on a 604m² parcel
  • Views of Pumicestone Passage from the front unit
  • Close to cafes, shops, public transport, and upcoming infrastructure developments

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Bribie Island is a highly desirable coastal suburb renowned for its relaxed lifestyle, strong community spirit, and scenic beaches. Key highlights include its proximity to pristine waterfronts, excellent local amenities, upcoming infrastructure projects like the second bridge, and a vibrant local dining and shopping scene. The area offers a perfect balance of leisure and convenience, making it an ideal location for both investors and residents seeking a laid-back coastal lifestyle.

What is the current rental income and potential for future rent increases?
The property currently generates approximately $84,240 per year in gross income, with one unit lease under advertisement and potential for rent increases based on market conditions.
What are the development opportunities and restrictions for this property?
The property is zoned Next Generation Neighbourhood with a height allowance of up to 12 metres (STCA), offering significant development potential for future redevelopment or landbanking.
Are there any planned infrastructure projects that could impact the property?
Yes, the upcoming second bridge to Bribie Island and the fully operational Satellite Hospital are expected to enhance accessibility and local amenities, increasing the area's appeal.
What are the property’s key features and condition?
The units are well-maintained, featuring modern kitchens, built-in robes, air-conditioning, and private courtyards or balconies, making them low-maintenance and move-in ready.
Is there parking available for residents and visitors?
Yes, each unit has a lock-up garage, and there is additional off-street parking for a total of six cars.
Are there any existing easements, covenants, or zoning restrictions that could affect future development plans? Have any recent inspections revealed structural issues or defects in the units? Are there any upcoming or planned construction activities nearby that could impact the property’s value or livability? What are the strata or body corporate fees and associated costs? Is there any history of flooding or bushfire risk in this area? Are all utilities and services fully compliant and up to date? Are there any restrictions on short-term rentals or Airbnb use for these units? What are the long-term plans for infrastructure upgrades in the neighbourhood?

1,2,3/24 Ferguson Avenue, Bongaree, Qld 4507 - More Details

CONTACT AGENT

Type
Unit
Bedrooms
6
Bathrooms
3
Parkings
6
Area
604 m²

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