FOR SALE: 26-28 Lloyd George St, Eastern Heights is for sale, boasting an already-approved DA for a childcare centre.
FOR SALE: 26-28 Lloyd George St, Eastern Heights is for sale, boasting an already-approved DA for a childcare centre.

‘Very rare’ business development up for grabs in Ipswich

AFTER it went under the hammer more than a year ago, a block of land approved for commercial development has found itself back on the market.

Located at 26-28 Lloyd George St, Eastern Heights, on a former church block, the property is in one of Ipswich’s most affluent suburbs.

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It comes with a reliable business opportunity, boasting the potential to be turned into a “very rare” seven-day operational childcare centre.

The 5472sq m block is already approved by Ipswich City Council for the development of a 187-capacity childcare centre that can open seven days a week.

Ray White real estate agent Warren Ramsey said, after the initial sale fell through, the property has now almost sold.

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“It’s all but under contract again,” Mr Ramsey said.

“It’s not too late but (other potential buyers) might want to get onto it.”

A Brisbane developer who already owns childcare centres is in the process of finalising a sale.

Mr Ramsey said the initial contract fell through with the original buyer when their prospective tenant pulled out.

FOR SALE: There is a development approval in for a seven-day child care centre at 26-28 Lloyd George St, Eastern Heights.
FOR SALE: There is a development approval in for a seven-day child care centre at 26-28 Lloyd George St, Eastern Heights.

“It was under contract there for nearly three months before it fell through,” Mr Ramsey said.

“(But) there seems to be a lot more interest in the property these past few weeks.”

The former church site was owned by the Anglican Church Southern Queensland and was sold for development in 2017, for $775,441, according to CoreLogic RP Data.

It is for sale for $990,000.

Read more news by Ebony Graveur.



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