Childcare Group Move on Mango Hill Site for $4.85 Million

Childcare Group Move on Mango Hill Site for $4.85 Million

Expanding childcare service provider LEAD Childcare has secured a development site at Mango Hill in Brisbane’s northern growth corridor for $4.85 million and has plans to build a new childcare facility.

The approximately 1.52ha site at 2 Halpine Drive, Mango Hill, was sold following an Expression of Interest campaign by Ray White Special Project Qld’s Matthew Fritzsche on behalf of private owners.

Matthew Fritzsche said there was a highly competitive sales process for the site adjoining the North Lakes Master Planned Community with nine formal offers received.

“LEAD Childcare was the successful purchaser and they have plans to develop a 200 plus place childcare facility,” he said.

“They were attracted to the site because it is within a rapidly growing residential community and near schools, shopping and rail links.”

Matthew Fritzsche said the site has more than 200m of direct frontage to Halpine Drive and is close to the North Lakes Town Centre, Westfield North Lakes and the North Lakes Health Precinct.

“Coles Shopping Centre is directly opposite the site and you can walk to the Mango Hill railway station,” he said.

LEAD Childcare was established more than 10 years ago and owns and operates 15 child care centres throughout Queensland.

LEAD aims to provide state-of-the-art facilities, staffed by qualified, passionate educators who provide quality child care and early learning for every child

LEAD Mango Hill is expected to open this time next year.

Up to Date

Latest News

  • Coffs Harbour Motel on Massive Land Parcel For Sale

    Insolvency and restructuring expert, Bill Karageozis of McLeod and Partners has appointed leading specialist brokerage firms Ray White Commercial Queensland and HTL Property to sell Coffs Motel and Villas, located at 209 Pacific Highway, Coffs Harbour. Bill Karageozis of McLeod and Partners was appointed as the Liquidator to the asset … Read more

    Read Full Post

  • 4 Reasons to Sell at the Summer Auction Day

    Take Advantage of the Strong Selling Conditions 10 of our most recent on market campaigns averaged 143.6 buyer enquiries, 8.3 registered bidders/offers, with yields as tight as 3.81% and some prices 20% above owners price expectations. These results continue to defy media headlines and market speculation. All of our Ray … Read more

    Read Full Post