382 Tufnell RoadBanyo QLD 4014
Property Details for 382 Tufnell Rd, Banyo
382 Tufnell Rd, Banyo is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1214m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2021)
+ Brand new 15 year net lease to Journey Early Learning to 2036
+ Two further 10 year options to 2056
+ Journey Early Learning: one of Australia's leading early education providers, with a network of 37 centres across the eastern seaboard
+ Tenant pays 100% of outgoings, including land tax
+ As new 365sqm child care facility with service approval for 61 LDC places
+ Large 1,214 sqm landholding with 13 on-site car spaces
+ Significant depreciation benefits
+ Strategic location only 400m from Earnshaw College (P-12) and 850m from the Woolworths-anchored Banyo Retail Centre
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $218,358 pa + GST
For Sale by Investment Portfolio Auction
11:00am (Brisbane Time) Wednesday 10 November 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
Property History for 382 Tufnell Rd, Banyo, QLD 4014
- 11 Nov 2021Sold for $4,660,000
- 08 Oct 2021Listed for Sale Price on Request
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About Banyo 4014
The size of Banyo is approximately 5 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2011 was 5,607 people. By 2016 the population was 5,864 showing a population growth of 4.6% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation. In 2011, 67.9% of the homes in Banyo were owner-occupied compared with 67% in 2016.
Banyo has 2,967 properties. Over the last 5 years, Houses in Banyo have seen a 98.27% increase in median value, while Units have seen a 53.63% increase. As at 31 August 2024:
- The median value for Houses in Banyo is $1,046,308 while the median value for Units is $558,408.
- Houses have a median rent of $640 while Units have a median rent of $413.
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