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KD Special Projects - Brisbane

63 K P McGrath Drive Elanora, QLD 4221

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63 K P McGrath Drive,
Elanora, QLD 4221

Development Sites & Land • Other

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$1,150,000

Key property information

Land area

Floor area

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Map of 63 K P McGrath Drive

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IRREPLACEABLE TROPHY GOLD COAST DA APPROVED CHILDCARE SITE

  • APPROVED 51 PLACE CHILDCARE CENTRE
  • ADJOINING ELANORA STATE SCHOOL DROP OFF
  • HIGHLY UNDERSUPPLIED CATCHMENT
KD Special Projects is pleased to exclusively present an outstanding childcare development and investment opportunity directly adjoining the drop-off zone of Elanora State School (1019 students), one of the Gold Coasts' largest primary schools.

On offer is a DA Approved 51 place dual level childcare facility on a 755sqm* parcel of land at 63 K P McGrath Drive, Elanora. The site is improved by a modern 5 Bedroom, 2 Bathroom, 2 Car park residential house which is rented for $900 per week.

Strategically positioned adjoining Elanora State School’s major drop off/pick up zone, this site enjoys the convenience of being just 350m* to The Pines Shopping Centre with national retailers McDonald's, Woolworths, KFC and more. Additionally, it offers easy access to the M1 motorway, as well as the nearby Palm Beach Currumbin State High School (2,594 students) and Elanora State High School (941 students) within a quick 4-minute drive.

According to Gap Maps, Elanora is highly undersupplied for childcare places with a ratio of 3.9 Children 0-5 per place.

The Labour government’s commitment of an additional $5.3 billion to support the childcare sector ensures a recession-proof investment. The purchase will have the flexibility to either develop and deliver the childcare centre or continue to generate income from the property while preparing for future development.

Upon completion, the brand-new, state-of-the-art childcare facility will stand out as one of the finest centres in South-East QLD. Its purpose-built design guarantees exceptional quality and functionality.

This opportunity will appeal to a wide range of childcare operators, developers and savvy investors who recognise the importance of establishing crucial social infrastructure and the thriving Gold Coast region. Don’t miss your chance to be part of this promising venture that will serve the community for years to come.

View Data room Link -> https://dr.instadocs.com.au/invite/90769/open

Key Insights:

- 755sqm* Allotment (approx.)
- 51 DA Approved Childcare Development Site
- 5 bed 2 bath 2 car modern family home rented for $900 per week
- Architectural modern design
- Highly undersupplied catchment 3.9 Ratio of Children 0-5's per LDC place (gap maps)
- Prime location directly adjoining drop-off zone of Elanora State School (1,019 students)
- 350m* to The Pines Shopping Centre with McDonald's, Woolworths and KFC
- 4 Minute drive to Palm Beach Currumbin State High School and Elanora State High School
- Easy Access to M1 Motorway

For more information, please contact KD Special Projects director Nick Koschel on 0421 571 4... or nick@kdsp.com.au

*approx*

Property ID: 504368840Last Updated: 7 Apr 2024

KD Special Projects - Brisbane

1050 Manly Road
TINGALPA, QLD 4173
04215714...
KD Special Projects - Brisbane
63 K P McGrath Drive
Elanora, QLD 4221
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