SOLD
Sold on 16 Apr 2024 for $3,500,000

30 Regent Street
Granville QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3115m2
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Property Details for 30 Regent St, Granville

Building Type
Commercial
Land Size
3115m2
Local Government
Fraser Coast Regional
Lot/Plan
2/SP216700

Last Listing description (October 2020)

+ Secure 15 Year Triple Net Lease to Affinity Education to 2028
+ Two further five year options to 2038
+ Affinity Education: operates a network of 150+ learning centres throughout Australia

+ Triple Net Lease - tenant pays 100% of outgoings including all maintenance (both capital and structural) insurances, management fees, rates and multiple holding land tax
+ Modern (constructed 2009) purpose-built child care centre, licensed for 85 LDC places
+ Minimum 2.5% annual rent increases plus ratchet provisions at the commencement of each further term, thereby ensuring rental growth
+ Large 3,115 sqm site within close proximity to Maryborough Town Centre and Station Square Shopping underpinned by Coles along with 42 specialty stores
+ Maryborough: served by the Bruce Highway, 30 km from Hervey Bay and the gateway to Fraser Island
+ Childcare/Early Education is an essential service and one of Australias most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $148,732 pa + GST (Dec 2020)

For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October

Property History for 30 Regent St, Granville, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$3,500,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $3,500,000
  • 28 Oct 2020
    Sold for $2,125,000
  • 28 Sep 2020
    Listed for Sale Price on Request
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About Granville 4650

The size of Granville is approximately 11.8 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Granville in 2011 was 2,689 people. By 2016 the population was 2,717 showing a population growth of 1.0% in the area during that time. The predominant age group in Granville is 60-69 years. Households in Granville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Granville work in a trades occupation. In 2011, 66.8% of the homes in Granville were owner-occupied compared with 63.7% in 2016.

Granville has 1,351 properties. Over the last 5 years, Houses in Granville have seen a 82.02% increase in median value, while Units have seen a 46.38% increase. As at 30 November 2024:

  • The median value for Houses in Granville is $399,032 while the median value for Units is $302,897.
  • Houses have a median rent of $455 while Units have a median rent of $180.
There are currently 20 properties listed for sale, and 1 property listed for rent in Granville on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Granville.

Suburb Insights for Granville 4650

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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.