Affordable Childcare Investment | 20 Year Triple Net Lease to Australia’s Largest Provider

Description

Burgess Rawson is pleased to offer Goodstart Early Learning Beaudesert at 17-19 Brisbane Street, Beaudesert QLD for sale via our Investment Portfolio Auction 173.

The property has the following investment highlights:

+ Long 20 year triple net lease to 2041 plus 2 x10 year options to 2061
+ Goodstart Early Learning: Australia’s largest early education provider with 660+ centres nationally, employing 15,800 staff and generating a revenue of $1.3 billion**
+ Triple net lease – tenant pays 100% of outgoings including land tax, all R & M’s, & structural CapEx
+ Compounding fixed 3% annual increases guaranteeing long term rental growth
+ Current rental below market value with market review every five years, next due in 2026
+ Ideal location with close proximity to key Shopping Centres anchored by Coles & Woolworths and on key arterial, Brisbane Street, that sees 91,448 vehicles weekly^
+ Well-presented established centre licensed for 65 LDC places
+ Strategic corner site with over 74 metres* of dual street frontage to Brisbane Street and Jane Street
+ Beaudesert: booming suburb only 1 hour drive from Brisbane, with a 58% increase in median house price since June 2020^^
+ Net Income: $123,195 pa* + GST

To be Sold by Investment Portfolio Auction
10:30 am AEDT Tuesday, 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
** Goodstart annual report
^Gapmaps
^^realestate.com

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Adam Thomas Partner | Managing Director QLD
0418 998 971
Josh Scapolan Senior Sales Executive
0432 538 001
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Beaudesert, QLD

17-19 Brisbane Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 173

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