80 Thornton Street, Raceview, QLD 4305 sold on 20 March 2025 | OnTheHouse
 
SOLD
Sold on 20 Mar 2025 for $4,520,000

80 Thornton Street
Raceview QLD 4305

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Property Details for 80 Thornton St, Raceview

Building Type
Commercial
Local Government
Ipswich
Lot/Plan
324/RP862979

Last Listing description (August 2021)

Under Contract - Renewed 12 Year Lease - QLD's Fastest Growing Corridor

Cushman & Wakefield's National Investment Sales team is pleased to present to the market 80 Thornton Street, Raceview for Sale via Offers to Purchase.

The property has the following key characteristics:

- Renewed 12 year net lease to 2031 + options to 2051

- Expeditions Early Learning Journey - Established national childcare provider across 7 strong performing locations in QLD & VIC offering a proven and innovative education experience
- Expansive purpose-built facility having undergone circa $300,000 capex enhancements and upgrades, licensed for 118 places
- Well positioned closeby to 9 schools within a 3 km radius, totaling 4,100+ students
- Strategic growth location with 350+ new townhouses being delivered in the immediate precinct
- Raceview - 30 km west of Brisbane CBD and part of rapidly expanding Ipswich, QLD's fastest growing municipality with 151% population growth forecast to reach 555,000+ residents by 2041
- Lease secured by Director's Personal Guarantees and Bank Guarantee equivalent to 3 months' rent
- Fixed 3% annual rent increases
- Net Income $237,641 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

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Property History for 80 Thornton St, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$4,520,000
20 Mar 2025
    No history found for this property.
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.

Raceview has 4,525 properties. Over the last 5 years, Houses in Raceview have seen a 132.20% increase in median value, while Units have seen a 117.12% increase. As at 31 December 2025:

  • The median value for Houses in Raceview is $826,166 while the median value for Units is $507,915.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 21 properties listed for sale, and 13 properties listed for rent in Raceview on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Raceview.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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