Federal Budget 2026: what it means for you in the property market

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luxury in 2026

Located at 4 Rickman Parade, Woorim, the landmark mixed-use property occupies a rare absolute beachfront corner site directly opposite Woorim Beach.

Widely regarded by locals as the heartbeat of the area, the property, which is being marketed by Ray White Bribie Island principal Bryce Hawkins, is being offered as part of a deceased estate and goes to auction on Friday, 10 July.

The site holds a special place in the history of Bribie Island, having originally operated as Woorim’s first post office and general store during the 1960s.

Over the decades, it has evolved into a thriving commercial and residential hub while remaining one of the most prominent landmarks along the beachfront precinct.

Mr Hawkins said properties of this caliber and historical magnitude are exceptionally rare to market.

“This isn't just a property; it's a piece of Bribie Island’s history,” Mr Hawkins said.

“Holding a prime corner position right on the beachfront, it has been the heartbeat of Woorim since its days as the original post office and general store.

“Opportunities to secure a holding of this significance simply do not come around often - this is the first time it has been offered to the market in decades.”

The property currently features a diverse income stream, comprising three established commercial tenancies home to popular local businesses (Pigface Seafood, Pigface Mexican, Mokha Cafe).

Positioned above is a spacious two-bedroom residential apartment that enjoys sweeping ocean views and direct access to the vibrant beachside atmosphere.

Mr Hawkins said beyond its current multi-stream income, the property’s true attraction lies in its future possibilities.

The prominent corner allotment benefits from favourable zoning, offering significant redevelopment potential (subject to council approval).

“What makes this asset so incredibly compelling is the dual benefit of immediate cash flow and future upside,” Mr Hawkins said.

“An investor or developer can collect immediate income from the existing commercial and residential tenancies while planning a landmark redevelopment in one of South East Queensland's most tightly held coastal locations.

“Woorim’s town centre and beachfront precinct have undergone a sophisticated evolution over recent years, making this premium slice of real estate highly coveted by buyers looking to capitalise on the region's steady growth.”

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