In a strategic move aimed at expansion, Westside Christian College, a multi-denominational Christian school in Goodna, east of Ipswich, has purchased a neighbouring development site for $2.5 million.
Founded in 1977, Westside Christian College has been providing education from kindergarten to Year 12. The acquisition of the 1.96-hectare site at 124-128 Alice St will facilitate the college’s growth and development plans, enhancing its educational offerings.
The development site comprises two properties, each featuring homes with historical significance. One of the homes dates back to the 1920s, while the other was constructed in the 1970s. Initially, Westside Christian College intends to retain these properties.
The school’s secondary campus and Kindergarten are situated nearby, reflecting the strategic significance of this acquisition.
The two-lot site was secured through the efforts of Ray White Special Projects’ Christopher Czernik-Wojcicki and James Hanley. Notably, this transaction marked the first time these properties changed hands on the open market, attracting significant interest from various stakeholders.
According to Mr Czernik-Wojcicki, the campaign generated 83 direct inquiries from a diverse group of potential purchasers, including local investors, private developers, development syndicates, childcare developers, and the neighbouring school, Westside Christian College itself.
Seven formal written offers were submitted, with the final purchaser ultimately presenting an attractive cash unconditional offer with appealing terms for the vendor. The acquisition comes after the school outbid six other buyers and paid $2.5 million.
Mr Hanley emphasized that this acquisition was a wise move for Westside Christian College. Infill development sites like these are scarcely available in the broader South East Queensland region. He noted that the scarcity of developable land in South East Queensland was driving strong competition for sites with a clear town planning pathway for development in the short term.
Mr Hanley also expressed confidence that the community would welcome the expansion of the school, which would bring benefits to the greater Ipswich region.
Published 11-Oct-2023
