16 Palm Drive, Deeragun, QLD 4818 | Property Value & History | OnTheHouse
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16 Palm Drive
Deeragun QLD 4818

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Property Details for 16 Palm Dr, Deeragun

Building Type
Commercial
Local Government
Townsville City
Lot/Plan
7/RP741426

Last Listing description (October 2022)

Kick Start Your Childcare Portfolio | Rare Entry Level Childcare Investment

Burgess Rawson is pleased to offer to the market, Daisies Early Learning, for sale via our Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Brand new 10 year net lease to Daisies Early Learning to 2032

+ One further 10 year option to 2042
+ Daises Early Learning: Established centre of 37+ years
+ Attractive 4% annual rent increases
+ Tenant pays all outgoings including land tax
+ Strong trading business with 100% occupancy and long waitlist
+ Well-maintained childcare centre licensed for 21 LDC places
+ Prominent corner site, directly opposite the Coles-anchored Deeragun Shopping Centre and within metres of KFC, Hungry Jacks, and the Bruce Highway (24,000+ passing vehicles daily)
+ Close proximity to both Bunnings and North Shore Marketplace underpinned by Woolworths, and within ease of access to 5 schools
+ Strategically positioned in one of Townsville's rapidly expanding corridors, forecasted to increase to 80,000 residences by 2030
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $34,000 pa** plus GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27th October 2022
The Hilton, Brisbane

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC)
**approx.

Property History for 16 Palm Dr, Deeragun, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$713,000
14 Nov 2022
  • 14 Nov 2022
    Sold - Price Undisclosed
  • 27 Sep 2022
    Listed for Sale Price on Request
  • 31 Oct 2012
    Listed for Sale $320,000.

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About Deeragun 4818

The size of Deeragun is approximately 7.1 square kilometres. It has 5 parks covering nearly 3.2% of total area. The population of Deeragun in 2011 was 3,524 people. By 2016 the population was 4,260 showing a population growth of 20.9% in the area during that time. The predominant age group in Deeragun is 0-9 years. Households in Deeragun are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deeragun work in a trades occupation. In 2011, 66.7% of the homes in Deeragun were owner-occupied compared with 55.6% in 2016.

Deeragun has 1,759 properties.

    There are currently 12 properties listed for sale, and 4 properties listed for rent in Deeragun on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Deeragun.

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