15 Stitt StreetMighell QLD 4860
Property Details for 15 Stitt St, Mighell
Last Listing description (December 2019)
+ Highly sought-after 20 + 10 Year Triple Net Lease to G8 Education Ltd to 2047
+ G8 Education Ltd: largest ASX listed early education provider with 470+ childcare centres across Australia and Singapore
+ Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax (multiple holding)
+ Large 1,829 sqm corner site
+ Modern 709 sqm child care facility over two levels, licensed for 75 LDC places
+ Innisfail: commercial service centre of the Cassowary Coast Regional Council
+ Net Income: $127,308 pa (Jan 2020)
For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 15 Stitt St, Mighell, QLD 4860
- 11 Dec 2019Sold for $1,825,000
- 06 Dec 2019Listed for Rent - Price not available
- 13 Nov 2019Listed for Sale Price on request
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About Mighell 4860
The size of Mighell is approximately 4.3 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Mighell in 2011 was 384 people. By 2016 the population was 374 showing a population decline of 2.6% in the area during that time. The predominant age group in Mighell is 50-59 years. Households in Mighell are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mighell work in a labourer occupation. In 2011, 48.8% of the homes in Mighell were owner-occupied compared with 50% in 2016.
Mighell has 239 properties. Over the last 5 years, Houses in Mighell have seen a 61.80% increase in median value, while Units have seen a 33.43% increase. As at 31 July 2024:
- The median value for Houses in Mighell is $293,631 while the median value for Units is $231,279.
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