17 Approach RoadBanyo QLD 4014
Property Details for 17 Approach Rd, Banyo
Last Listing description (September 2024)
RE/MAX Next International is pleased to offer to the market, 17 Approach Road, Banyo QLD 4014 for sale via Expressions of Interest Campaign.
- 10 Year Net Lease + Options to 2046
- Fixed 3% annual rent increases
This opportunity has the following key investment highlights:
+ Brand new 10 year net lease to G8 Education from 2021 to 2031
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia's largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places + Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $207,618 pa* + GST
For Sale via Expressions of Interest, by Monday 1 July 2024
Please contact the exclusively appointed RE/MAX Next International team for more information.
*Approx
^^^ Australian Government Department of Education
Property History for 17 Approach Rd, Banyo, QLD 4014
- 16 Jun 2025Sold for $4,150,000
- 13 Sep 2024Listed for Sale Contact Exclusive Agent
- 14 May 2024Listed for Sale Contact Exclusive Agent
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0About Banyo 4014
The size of Banyo is approximately 5.0 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2016 was 5868 people. By 2021 the population was 6105 showing a population growth of 4.0% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation.In 2021, 67.20% of the homes in Banyo were owner-occupied compared with 67.00% in 2016.
Banyo has 2,968 properties. Over the last 5 years, Houses in Banyo have seen a 99.30% increase in median value, while Units have seen a 177.38% increase. As at 30 November 2025:
- The median value for Houses in Banyo is $1,220,495 while the median value for Units is $874,598.
- Houses have a median rent of $690 while Units have a median rent of $550.
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