507-511 Davidson StreetCraiglie QLD 4877
Property Details for 507-511 Davidson St, Craiglie
Last Listing description (May 2019)
Secure 15 year lease to Petit Early Learning to 2029
Minimum 2.5% annual rent increases + ratchet provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne
Property History for 507-511 Davidson St, Craiglie, QLD 4877
- 17 Dec 2020Sold for $3,210,000
- 15 May 2019Sold for $2,805,000
- 12 Apr 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About Craiglie 4877
The size of Craiglie is approximately 11.1 square kilometres. It has 5 parks covering nearly 9.0% of total area. The population of Craiglie in 2016 was 954 people. By 2021 the population was 1062 showing a population growth of 11.3% in the area during that time. The predominant age group in Craiglie is 40-49 years. Households in Craiglie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craiglie work in a trades occupation.In 2021, 65.50% of the homes in Craiglie were owner-occupied compared with 61.50% in 2016.
Craiglie has 981 properties. Over the last 5 years, Houses in Craiglie have seen a 77.90% increase in median value, while Units have seen a 65.88% increase. As at 30 November 2025:
- The median value for Houses in Craiglie is $971,366 while the median value for Units is $656,035.
- Houses have a median rent of $850 while Units have a median rent of $500.
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