171 College Road, Karana Downs, QLD 4306 sold on 21 February 2025 | OnTheHouse
SOLD
Sold on 21 Feb 2025 for $2,800,000

171 College Road
Karana Downs QLD 4306

Bedrooms: -
Bathrooms: -
Car spaces: 21
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Property Details for 171 College Rd, Karana Downs

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
3/RP813780

Last Listing description (February 2021)

Brisbane Freehold Tenanted Sparrow Childcare Centre FOR SALE

QCommercial Properties in conjunction with RE/MAX U is proud to exclusively offer to the market a fully tenanted, modern single level purpose built childcare centre with 21 car parks leased to Sparrow Early Learning Childcare Centre. The centre is located 22 kilometres from the Brisbane central business district and comprises of 5 x activity rooms, shared children's amenities, staff room, laundry, outdoor play area & etc. This property is situated on 2,399m2* of freehold land with a building area of approx. 462m2*. Sparrow Early Learning Childcare group is a professional early education provider offering exceptional early childhood education. The brand is expanding and currently has 34* locations across Queensland and Victoria.

Lessee - Sparrow Nest Early Learnings No 8 Pty Ltd
Lease Start Date - 20 January 2017

Lease End Date - 20 January 2027
Rent $129,429.80 Triple Nett (from 20 January 2021)
Outgoings - Tenant pays 100% of outgoings (incl Land Tax)
Annual Reviews - 3% or CPI (whichever is greater)
Licensed Long Day Places - 67
Land Area 2,396 m2*
Building Area - 465 m2*

Please call the Exclusive Marketing Agent for further information and to arrange a private inspection.

*Approximately

Property History for 171 College Rd, Karana Downs, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$2,800,000
21 Feb 2025
  • 15 Feb 2021
    Sold for $2,030,000
  • 25 Nov 2020
    Listed for Sale Price on Application
  • 27 Apr 2018
    Listed for Sale By Negotiation
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About Karana Downs 4306

The size of Karana Downs is approximately 7.5 square kilometres. It has 12 parks covering nearly 17.6% of total area. The population of Karana Downs in 2016 was 3862 people. By 2021 the population was 3800 showing a population decline of 1.6% in the area during that time. The predominant age group in Karana Downs is 40-49 years. Households in Karana Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karana Downs work in a professional occupation.In 2021, 87.10% of the homes in Karana Downs were owner-occupied compared with 84.30% in 2016.

Karana Downs has 1,488 properties. Over the last 5 years, Houses in Karana Downs have seen a 109.76% increase in median value, while Units have seen a 112.44% increase. As at 30 November 2025:

  • The median value for Houses in Karana Downs is $1,091,470 while the median value for Units is $691,248.
  • Houses have a median rent of $665 while Units have a median rent of $430.
There are currently 11 properties listed for sale, and no properties listed for rent in Karana downs on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Karana downs.

Suburb Insights for Karana Downs 4306

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.