Description

For Sale | Harristown Childcare Centre | 7 Friend Street, Harristown (Toowoomba) QLD | Queensland Specialised Childcare Portfolio

JLL is pleased to exclusively present for sale 7 Friend Street, Harristown, a vacant purpose-built childcare centre in Toowoomba, 125km from the Brisbane CBD, and part of the Queensland Specialised Childcare Portfolio. Previously occupied by AEIOU, the property is offered with vacant possession, providing flexibility for owner-occupiers or investors to reposition the centre.

Occupying a 1,217sqm* site, the property offers multiple pathways to unlock value through owner occupation, securing a new operator or leveraging the underlying landholding for an alternative use (STCA).

The Queensland Specialised Childcare Portfolio comprises three childcare centres. 7 Friend Street, Harristown is available individually or in one line with 2-4 Cochrane Street, Camira and 31 D’Arcy Drive, Idalia, and purchasers are invited to submit offers on one or all three properties.

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Attributes

Building area net

312 m²

Land area gross

1,217 m²

Call for offers

12/02/2026

Media

Investment Highlights

Key Investment Highlights:

Part of the Queensland Specialised Childcare Portfolio, available individually or in one line with 2-4 Cochrane Street, Camira and 31 D’Arcy Drive, Idalia
Purpose-built childcare centre offered with vacant possession, providing immediate flexibility for owner-occupiers, operators and investors to reposition the asset
Previously approved for 18 places, with potential to accommodate significantly more approved places under a standard childcare operator following repositioning, subject to all relevant approvals
1,217sqm* landholding with existing purpose-built improvements, providing flexibility for continued childcare use, repositioning or future redevelopment (STCA)
Compelling value-add opportunity to secure a new childcare operator and establish a long-term income profile
Established resident base of 11,514 in Drayton-Harristown, with a median age of 37.6 years compared with 38.6 across Queensland
Catchment projected to grow from 10,940 residents in 2021 to 12,820 by 2046, adding 1,880 residents
152 births recorded in 2024, equating to 13.3 per 1,000 residents and sitting 27% above the Queensland rate of 10.5
Established early childhood sector, with 10 regulated services including 7 long day care services as at 31 August 2026
Estimated fully leased net income of $127,500 p.a.* + GST, based on 30 potential places at an adopted market rent of $4,250 per place and assuming an incoming operator funds the fit-out

7 Friend Street, Harristown is offered for sale via Expressions of Interest closing Thursday 3 December 2026 at 4:00pm (AEST).

*approximate. Childcare place numbers are estimates only and are subject to approval and town planning. Interested parties should undertake their own due diligence and town planning assessment.

For more information or to arrange an inspection, please contact the exclusive agents:

Will Morris +61 432 085 282, Will.Morris@jll.com | Liam Cox +61 447 555 122, Liam.Cox@jll.com