+Renewed net lease to Goodstart Early Learning to 2025
+Three further five year options to 2040
+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally
+Tenant pays all usual outgoings
+Annual rent increases to the greater of CPI or 4%
+Purpose-built child care centre, licensed for 75 LDC places
+Long-established centre with high occupancy
+Substantial 2,365 sqm site, surrounded by national retailers and within metres from the Northern Beaches shopping centre anchored by Coles, Woolworths and numerous speciality retailers.
+Mackay: one of Queensland’s fastest growing coastal regions and home to over 177,000 residents
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+Net Income: $180,577 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
The Hilton – Brisbane

*Mitchell Institute, Australian Investment in Education: Early Learning.