274 Warwick RoadChurchill QLD 4305
Property Details for 274 Warwick Rd, Churchill
Last Listing description (October 2023)
Stonebridge National Investment Sales is pleased to present Goodstart Churchill (Brisbane) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Rarely offered opportunity suited to owner occupiers, investors and developers, with remaining lease term to 2026 and no options with uncapped CPI annual rent increases
- Currently leased to Goodstart Early Learning with secure holding income Australia's largest early learning provider across 664+ locations, 2022 revenue of $1.3b*
- Valuable 2,891 sqm* corner landholding improved by sprawling childcare facility licensed for 99 LDC places, plus 25 at-grade car parks and redevelopment potential (STCA)
- Strong trading childcare centre rated "Exceeding" under the National Quality Standard
- Ideal childcare location only 200m* to Churchill State Primary School and 2 minutes' drive to Bremer State School (2,326+ combined students), plus 5 further schools within a 3 km* radius
- Prominent 112m* of dual street frontage plus high exposure to Warwick Road, a key arterial accommodating 16,530+ vehicles daily
- Excellent proximity to major employment nodes, including University of Southern Queensland, Ipswich Hospital, $1Bn* Citiswitch Business Park and Australia's largest Air Force Base, RAAF Amberley, home to over 5,000+ defence personnel
- Favourable childcare catchment underpinned by high proportion of dual income families
- Churchill 33 km* west of Brisbane CBD, located in Queensland's fastest growing LGA, with a population forecast to exceed 520,000+ residents by 2041
- Lease secured by Bank Guarantee equivalent to 6 months' & outgoings + GST
- Net lease - tenant pays all outgoings including Structural Repairs & Maintenance, Insurance and Management Fees (excluding Land Tax)
- Net Income $203,726 pa* + GST
Goodstart Churchill (Brisbane) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property History for 274 Warwick Rd, Churchill, QLD 4305
- 16 Aug 2023Sold for $4,319,282
- 14 Jul 2023Listed for Sale Contact Agent
- 28 Jun 2006Sold for $1,514,118
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About Churchill 4305
The size of Churchill is approximately 1.7 square kilometres. It has 8 parks covering nearly 9.7% of total area. The population of Churchill in 2011 was 1,782 people. By 2016 the population was 1,844 showing a population growth of 3.5% in the area during that time. The predominant age group in Churchill is 20-29 years. Households in Churchill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Churchill work in a labourer occupation. In 2011, 58.1% of the homes in Churchill were owner-occupied compared with 56% in 2016.
Churchill has 892 properties.
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