OFF MARKET

26 Progress Parade
Alderley QLD 4051

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2165m2
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Property Details for 26 Progress Pde, Alderley

Building Type
Unknown
Land Size
2165m2
Local Government
Brisbane
Lot/Plan
1/RP110103

Last Listing description (October 2023)

Savills are selling 26 Progress Pde, ALDERLEY & 29 Byth St, STAFFORD

Savills are offering the two (2) existing, privately owned and operated childcare centres for sale on a vacant possession basis at settlement.


26 Progress Parade ALDERLEY is an existing, operating 750sqm childcare centre with an approved license for 105 children. Onsite car parking is provided for 7 vehicles* on a land area of 2,165sqm*.

29 Byth Street, STAFFORD is an existing, operating 340sqm childcare centre with an approved license for 82 children on an 804 sqm* corner site.

Offers are invited on each individual property or the two (2) combined.

This listing showcases 26 Progress Parade, Alderley. If interested in both properties please contact Robert 0418 888 840 and Josh 0404 007 766.

The highlights are as follows:

- Limited risk of future competition within the immediate catchment.

- Metropolitan locations with average incomes above both the Queensland and Australian average.

- Childcare services are supported by Child Care Subsidies offered by the Australian Government.

- Higher government expenditure on the childcare sector, increased fees and rising enrolment numbers underpins the current growth and momentum in the childcare sector.

- Revenue for the Child Care Services industry is expected to increase at an annualised 2.1% over the five years through 2021-22, to $13.7 billion.

- Childcare services were declared an essential service by the Australian Government. As a response the sector was the recipient of a $2.6 billion 'COVID-19 Response Package - child care' funding package designed to support the continued viability of the sector and to ensure childcare facilities remained open to essential workers.

- Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games.

Property History for 26 Progress Pde, Alderley, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$4,300,000
18 Aug 2023
  • 18 Aug 2023
    Sold for $4,300,000
  • 08 Jun 2022
    Listed for Sale FOR SALE
  • 13 Feb 2004
    Sold for $885,000

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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2011 was 5,680 people. By 2016 the population was 6,108 showing a population growth of 7.5% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation. In 2011, 58.1% of the homes in Alderley were owner-occupied compared with 56.2% in 2016.

Alderley has 3,381 properties. Over the last 5 years, Houses in Alderley have seen a 71.78% increase in median value, while Units have seen a 82.09% increase. As at 30 September 2024:

  • The median value for Houses in Alderley is $1,447,147 while the median value for Units is $685,437.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Alderley on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Alderley.

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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.