11 Wotton StreetAitkenvale QLD 4814
Property Details for 11 Wotton St, Aitkenvale
Last Listing description (August 2017)
Cockatoo Lodge is a 22 Bed Level 3 Accredited Care Facility. As an owner operated facility this business has an annual gross return of $264,000 when at full capacity.
The freehold property located at 11 Wotton Street Aitkenvale is on a 1012m2 of land and the 580m2 two level brick building comprises of shared air conditioned bedrooms and dormitory style accommodation, large kitchen, large semi enclosed outdoor area, TV rooms, dining areas, office and undercover 3 car accommodation.
Why you should you purchase this great opportunity:
-Freehold Purchase
-Lease Out with 10% Return
-Substantial Income
-Low Level Care
-Very Easily Run
-Fully Accredited Facility
-Centre Pay
-Potential to Upgrade Care
-Central Location
-CCTV
-Bore
-New roof
-10KW Solar Power (Just Installed)
-Website
Level 3 Care is best described as accommodation with all meals provided and personal care with secure storage and distribution of medication as required. Clientele consist of predominately the elderly, of both genders with all faculties and the ability to basically look after themselves. As part of level 3 care, Cockatoo Lodge support and encourage residents to connect with community groups such as, OzCare, Solas, Blue Care, Steps Group etc. These agencies provide access to health care, personal care, employment opportunities as well as social and recreational activities.
In relation to the business the new operator will have a willingness to be there, the desire to interact with the lodge s clientele and be of a caring nature. The kitchen facilities are more than adequate for the owners to supply meals for their clientele.
Cockatoo Lodge is a great investment for the astute investor or owner operator at a very affordable price in a very central location with easy access to shopping centres and medical centres.
To increase revenue and with the right operator there is an opportunity to move the business to a higher care level.
The seller is motivated due to the development of another project and committed to sell. Cockatoo Lodge is new to the market and listed for sale at $120,000 for the business and $600,000 for the freehold property.
For more information on this great opportunity contact Denny today on 0409 639 366.
Property History for 11 Wotton St, Aitkenvale, QLD 4814
- 28 Aug 2019Sold for $625,000
- 01 Feb 2017Listed for Sale Not Disclosed
- 01 Feb 2017Listed for Rent - Price not available
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About Aitkenvale 4814
The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2016 was 4790 people. By 2021 the population was 4797 showing a population growth of 0.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation.In 2021, 52.50% of the homes in Aitkenvale were owner-occupied compared with 51.80% in 2016.
Aitkenvale has 2,534 properties. Over the last 5 years, Houses in Aitkenvale have seen a 113.59% increase in median value, while Units have seen a 159.48% increase. As at 30 April 2026:
- The median value for Houses in Aitkenvale is $598,504 while the median value for Units is $499,099.
- Houses have a median rent of $520 while Units have a median rent of $440.
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