15 Stitt Street, Mighell, QLD 4860 | Property Value & History | OnTheHouse
OFF MARKET

15 Stitt Street
Mighell QLD 4860

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 709m2
Land area: 1829m2
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Property Details for 15 Stitt St, Mighell

Building Type
Commercial
Floor Size
709m2
Land Size
1829m2
Local Government
Cassowary Coast Regional
Lot/Plan
99/SP181534

Last Listing description (December 2019)

+ Highly sought-after 20 + 10 Year Triple Net Lease to G8 Education Ltd to 2047
+ G8 Education Ltd: largest ASX listed early education provider with 470+ childcare centres across Australia and Singapore
+ Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax (multiple holding)

+ Minimum 3% pa rent increases with ratchet provisions at Market Review ensuring guaranteed rental growth
+ Large 1,829 sqm corner site
+ Modern 709 sqm child care facility over two levels, licensed for 75 LDC places
+ Innisfail: commercial service centre of the Cassowary Coast Regional Council
+ Net Income: $127,308 pa (Jan 2020)


For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne


Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 15 Stitt St, Mighell, QLD 4860

A timeline of how this property has performed in the market
Last Sold
$1,825,000
11 Dec 2019
Listed for Rent
16 Dec 2019
  • 11 Dec 2019
    Sold for $1,825,000
  • 06 Dec 2019
    Listed for Rent - Price not available
  • 13 Nov 2019
    Listed for Sale Price on request
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About Mighell 4860

The size of Mighell is approximately 4.3 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Mighell in 2016 was 380 people. By 2021 the population was 363 showing a population decline of 4.5% in the area during that time. The predominant age group in Mighell is 60-69 years. Households in Mighell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mighell work in a labourer occupation.In 2021, 52.00% of the homes in Mighell were owner-occupied compared with 50.00% in 2016.

Mighell has 295 properties. Over the last 5 years, Houses in Mighell have seen a 122.11% increase in median value, while Units have seen a 91.27% increase. As at 30 November 2025:

  • The median value for Houses in Mighell is $361,165 while the median value for Units is $277,168.
There are currently 8 properties listed for sale, and no properties listed for rent in Mighell on OnTheHouse. According to Cotality's data, 20 properties were sold in the past 12 months in Mighell.

Suburb Insights for Mighell 4860

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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.