OFF MARKET

1 Kiddell Place
North Boambee Valley NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 696m2
Land area: 2278m2
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Property Details for 1 Kiddell Pl, North Boambee Valley

1 Kiddell Pl, North Boambee Valley is a 0 bedroom, 0 bathroom House. The property has a land size of 2278m2 and floor size of 696m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Floor Size
696m2
Land Size
2278m2
Local Government
Coffs Harbour
Lot/Plan
12/DP270248

Last Listing description (June 2022)

+Secure 15 Year Net Lease to Petit Early Learning Journey to 2030
+Two further five year options to 2040.
+Petit Early Learning Journey: highly experienced and successful early education provider with 17 centres across the eastern seaboard.

+Tenant pays all outgoings.
+Annual 3.5% rent increases with ratchet provisions at market review, guaranteeing rental growth.
+Land Tax exempt commercial investment.
+Strong-trading centre with 100% occupancy and long wait list.
+Purpose-built 696aqm child care centre, licensed for 84 LDC places.
+Large 2,227sqm landholding with parking for 21 vehicles.
+Strategic Pacific Highway location surrounded by McDonald's, Red Rooster and only 500 metres from Bunnings, Good Guys and the Coffs Harbour Base Hospital.
+Coffs Harbour: booming coastal location, featuring a vibrant and diverse commercial and retail hub, home to over 79,000 residents and forecast to grow a further 26% to 100,000+ residents by 2041.
+Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*.
+Net Income: $240,319pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 10 May 2022
Sydney Opera House

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property History for 1 Kiddell Pl, North Boambee Valley, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$4,450,000
10 May 2022
  • 17 Jun 2022
    Listed for Sale Price on Request
  • 10 May 2022
    Sold for $4,450,000
  • 13 Apr 2022
    Listed for Sale Price on Request
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About North Boambee Valley 2450

The size of North Boambee Valley is approximately 12.4 square kilometres. It has 5 parks covering nearly 13.9% of total area. The population of North Boambee Valley in 2011 was 1,575 people. By 2016 the population was 2,002 showing a population growth of 27.1% in the area during that time. The predominant age group in North Boambee Valley is 70-79 years. Households in North Boambee Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Boambee Valley work in a professional occupation. In 2011, 76.3% of the homes in North Boambee Valley were owner-occupied compared with 76.6% in 2016.

North Boambee Valley has 1,342 properties. Over the last 5 years, Houses in North Boambee Valley have seen a 62.42% increase in median value, while Units have seen a 52.01% increase. As at 31 October 2024:

  • The median value for Houses in North Boambee Valley is $898,196 while the median value for Units is $495,381.
  • Houses have a median rent of $660 while Units have a median rent of $520.
There are currently 13 properties listed for sale, and 12 properties listed for rent in North boambee valley on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in North boambee valley.

Suburb Insights for North Boambee Valley 2450

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.