OFF MARKET

168 South Street
Centenary Heights QLD 4350

Bedrooms: 5
Bathrooms: 2
Car spaces: 7
Land area: 1449m2
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Property Details for 168 South St, Centenary Heights

Building Type
Commercial
Year Built
1890
Land Size
1449m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP68543

Last Listing description (October 2017)

Secure 15 year lease to G8 Education Limited 2030
Two further 5 year options to 2040
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.7 billion

Fixed 4% annual rental increases plus 'ratchet' provisions at market review ensuring guaranteed rental growth
Well-maintained facility, licensed for 54 LDC places
Tenant pays all usual outgoings including management fees
Strategic 1,449 sqm corner site metres from St Thomas Primary School and only 1.5km from the Toowoomba CBD
Toowoomba: located 125km west from the Brisbane CBD and the commercial centre of the Darling Downs Region, servicing a trade catchment of circa 120,000 people
Net income: $108,520 pa + GST
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

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Property History for 168 South St, Centenary Heights, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,982,500
09 Aug 2017
  • 09 Aug 2017
    Sold for $1,982,500
  • 11 Jul 2017
    Listed for Sale Not Disclosed
  • 11 Feb 2015
    Sold for $830,000
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About Centenary Heights 4350

The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2011 was 5,878 people. By 2016 the population was 6,084 showing a population growth of 3.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation. In 2011, 66.5% of the homes in Centenary Heights were owner-occupied compared with 62.4% in 2016.

Centenary Heights has 3,072 properties. Over the last 5 years, Houses in Centenary Heights have seen a 92.18% increase in median value, while Units have seen a 81.03% increase. As at 30 November 2024:

  • The median value for Houses in Centenary Heights is $659,394 while the median value for Units is $574,367.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Centenary heights on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Centenary heights.

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