Longstanding Entry-Level Freehold Childcare Opportunity | Extensive Refurbishment Completed in 2026

Description

CBRE is pleased to offer to the market Community Kids Heatley located at 121 Charles Street, Heatley (Townsville) QLD 4812 for sale via Investment Portfolio Auction 187.

This opportunity has the following key investment highlights:

+ Five (5) year net lease to Community Kids (G8 Education) to 2028 plus three (3) further five (5) year options to 2043
+ G8 Education: Australia’s largest ASX-listed childcare provider, educating more than 40,000 children daily* across 400+ locations* (1)
+ Long-term occupation with tenant successfully operating on-site for over 20 years*
+ Landlord favourable net lease structure with tenant responsible for 100% of outgoings as per the lease
+ Attractive annual CPI rent reviews
+ Prominently positioned 1,936sqm* corner site spread over 3 separate titles (2)
+ Dominant frontage to one of Townsville’s busiest intersections (Nathan Street & Charles Street) providing exposure to over 203,000 vehicles weekly* (3)
+ Immaculately presented 75 LDC place single-level childcare with extensive refurbishment completed in 2026, providing strong depreciation benefits
+ Extremely dominant schooling catchment – 350m* from Aitkenvale State School (373 students*) and an additional 18 schools within a 3km* radius, supporting 11,083 full-time students*
+ Ideally positioned in major retail corridor with 4 shopping centre’s within a 1.5km radius* including Domain Central, The Intersection, Townsville Shopping Centre and Vincent Market Place (4)
+ Heatley: established central suburb of Townsville with median house prices increasing 16.2% in the last 12 months and located just 6km* from the Townsville CBD (4) (5)
+ Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046 with $27 billion in infrastructure projects underway (6) (7)
+ Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas
+ Net income: $171,384 pa + GST ($2,285 per place)

For Sale via Investment Portfolio Auction 187
10:30am (AEST) Thursday 17 september 2026
Level 3, Waterfront Place, Brisbane

1. G8 Education
2. Landchecker
3. Gap Maps
4. Google Maps
5. Realestate.com
6. Community ID
7. Townsville Enterprise

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Contact agents
Michael Hooper Negotiator
0488 332 682
Fin Hume Negotiator
0488 008 975
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Heatley, QLD

121 Charles Street

For Sale by Portfolio Auction
Thursday 17th September 10:30AM Level 3, 1 Eagle St, Brisbane

This property is part of Portfolio 187

Price: Contact Agent

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