SOLD
Sold on 09 Aug 2024 for $2,650,000

115 Hughes Road
Bargara QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7981m2
Sold By
Coastline Realty Bargara
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Property Details for 115 Hughes Rd, Bargara

Building Type
Commercial
Land Size
7981m2
Local Government
Bundaberg Regional
Lot/Plan
1/SP191796

Last Listing description (September 2024)

Child Care

3 x 5-year lease to Creative Kids @ Bargara commenced 2nd July 2022
$148,000 P.A approx + GST + Out Goings

Rent review annually @ CPI & market review @ option renewal
75-place centre in sought after location
7,981m land area
Zoned Community Facilities / Health Care services

Added Potential

2,500m2 ( approx ) site suitable for Medical Premises - STC
Excellent road frontage with shared drive access to Child Care
Zoning Community Facilities / Health Care Services

Overview

Potential for a mixed-use site existing Child Care plus develop Complementing Health Care Service - STC
Growing Coastal location with increasing retiree population seeking this beautiful Sea side destination.
Plus, a younger generation providing community support services

Excellent geographical location situated on a major link road servicing the main traffic flow from north to south along the Coral Coast.
Child Care Centre occupies the rear of the site with suitable site location for complimentary zoned facility fronting Hughes Rd - Zoned Community Facilities / Health Care Service

Design & build a suitable premise with Income from Child Care.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material.
Accordingly, all interested parties should make their own enquiries to verify the information provided.
The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only.
Any fixtures shown may not necessarily be included in the sale.

Property History for 115 Hughes Rd, Bargara, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$2,650,000
09 Aug 2024
  • 09 Aug 2024
    Sold for $2,650,000
  • 12 Jul 2024
    Listed for Sale $2,750,000
  • 23 Jan 2023
    Listed for Sale Expressions of Interest
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About Bargara 4670

The size of Bargara is approximately 9.3 square kilometres. It has 33 parks covering nearly 13.8% of total area. The population of Bargara in 2011 was 6,893 people. By 2016 the population was 7,461 showing a population growth of 8.2% in the area during that time. The predominant age group in Bargara is 60-69 years. Households in Bargara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bargara work in a professional occupation. In 2011, 60.7% of the homes in Bargara were owner-occupied compared with 63.9% in 2016.

Bargara has 4,954 properties. Over the last 5 years, Houses in Bargara have seen a 104.41% increase in median value, while Units have seen a 95.42% increase. As at 31 October 2024:

  • The median value for Houses in Bargara is $797,971 while the median value for Units is $651,290.
  • Houses have a median rent of $600 while Units have a median rent of $545.
There are currently 44 properties listed for sale, and 6 properties listed for rent in Bargara on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Bargara.

Suburb Insights for Bargara 4670

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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.