7-11 Cairns RoadGordonvale QLD 4865
Property Details for 7-11 Cairns Rd, Gordonvale
Last Listing description (May 2023)
Burgess Rawson is pleased to offer to the market Mayfield Early Learning Centre located at 7-11 Cairns Road, Gordonvale (Cairns) QLD for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New fifteen (15) year triple net lease to Mayfield Childcare to 2038
+ Mayfield Childcare (ASX: MFD): ASX listed early education provider educating 3,000+ children per day across 35 centres nationally^
+ Fixed 3% annual rent increases.
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, insurances, land tax and management fees
+ Strong trading 75 LDC place centre recently acquired by Mayfield Childcare
+ Strategic 2,024sqm* site 100 meters* from both Gordonvale Hospital and Gordonvale State School
+ Triple street frontage amongst an established residential and commercial precinct with close proximity to the Bruce Highway
+ Cairns: Australia's 5th largest regional city with a residential population of 168,449 and a GRP of $10.33 billion^^
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding - in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^^^
+ Net Income: $262,500 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^ Mayfield Childcare Limited
^^ Economy.id
^^^ Mitchell Institute, Australian Investment in Education
Property History for 7-11 Cairns Rd, Gordonvale, QLD 4865
- 27 Jun 2023Sold for $4,775,000
- 14 Apr 2023Listed for Sale Price on Request
- 23 Nov 2017Sold for $1,125,000
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About Gordonvale 4865
The size of Gordonvale is approximately 57.2 square kilometres. It has 20 parks covering nearly 2.2% of total area. The population of Gordonvale in 2016 was 6671 people. By 2021 the population was 6944 showing a population growth of 4.1% in the area during that time. The predominant age group in Gordonvale is 10-19 years. Households in Gordonvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordonvale work in a trades occupation.In 2021, 73.10% of the homes in Gordonvale were owner-occupied compared with 67.70% in 2016.
Gordonvale has 3,342 properties. Over the last 5 years, Houses in Gordonvale have seen a 105.01% increase in median value, while Units have seen a 180.68% increase. As at 31 March 2026:
- The median value for Houses in Gordonvale is $770,511 while the median value for Units is $562,990.
- Houses have a median rent of $675 while Units have a median rent of $280.
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