The Courier-Mail

PRIME SITE

CHURCH DEAL JUST A BIT OF CHILD’S PLAY

- PHIL BARTSCH

A CONVERTED church in Brisbane’s suburban northwest is set to undergo a million-dollar refurbishm­ent and become the launch pad for a new childcare centre brand.

The heritage-listed former Enoggera Presbyteri­an Church and Hall has been acquired by an investment trust linked with local fund manager and developer Smithfield Property Group.

It was purchased for $2.4 million as a freehold going concern having operated for many years as the Enoggera Early Education childcare facility.

Strong activity is continuing in the childcare asset class, driven largely by demand from investors and the expansion of national operators.

The 1619sq m property on the border of Enoggera and Gaythorne at 238 Pickering St was sold via an expression­s of interest campaign by JLL’s Tim Jones and Andrew Havig.

Originally built in 1915, the former church was extended in 1926 to accommodat­e a Sunday school.

Continued P59

 ??  ?? GOOD FAITH: JLL’s Tim Jones and Smithfield Property’s Anthony Doolin at Pickering St. Picture: Tertius Pickard
GOOD FAITH: JLL’s Tim Jones and Smithfield Property’s Anthony Doolin at Pickering St. Picture: Tertius Pickard

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