Rarely Traded 2,412sqm* Gold Coast Site | 20 Year Triple Net Lease plus Options to 2061

Description

CBRE is pleased to present Goodstart Labrador located at 118-120 Olsen Avenue, Labrador (Gold Coast) QLD, to the market via for sale via our Investment Portfolio Auction 185.

The property has the following key highlights:

+ Long 20 year triple net lease to 2040 plus two (2) further ten (10) year options to 2060
+ Goodstart Early Learning: Australia’s largest early education provider with 670+ centres nationally, employing 16,500 staff and generating a revenue of $1.67 billion**
+ Triple net lease – tenant pays 100% of outgoings including land tax, all R & Ms, and structural capital expenditure
+ Compounding fixed 3% annual increases guaranteeing long term rental growth
+ Current rental below market value with attractive market review every five years, offering opportunity for rental uplift
+ Beautifully presented, dual freestanding 82 LDC place centre on substantial 2,412sqm* metro Gold Coast freehold, high underlying land value
+ High profile freehold site with dual street exposure & 36m* frontage to Olsen Avenue which carries 159,000 vehicles weekly*
+ Gold Coast: world famous location, one of Australia’s fastest growing cities, forecast 31% population increase to 1,000,000 by 2041
+ Net Income: $227,684 p.a* + GST

To be sold via Investment Portfolio Auction 185
10:30am AEST Tuesday 23 June 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
** Goodstart Annual Report 2025

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Contact agents
Yosh Mendis Senior Director
0434 413 188
Josh Scapolan Associate Director
+61 484 229 829
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Labrador, QLD

118-120 Olsen Avenue

For Sale by Portfolio Auction
Tuesday 23rd June 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 185

Price: Contact Agent

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