CBRE is pleased to present Goodstart Broadmeadow located at 142 Broadmeadow Road, Broadmeadow (Newcastle) NSW to the market for sale via our Investment Portfolio Auction 186.

The property has the following key highlights:

+ Long 25 year triple net lease to 2045 plus two (2) further ten (10) year options to 2065
+ Goodstart Early Learning: Australia’s largest early education provider with 670+ centres nationally, employing 16,500 staff and generating a revenue of $1.67 billion¹
+ Triple net lease – tenant pays 100% of outgoings including land tax, all repairs & maintenance and structural capital expenditure
+ Longstanding 50 LDC centre rated ‘Exceeding’ by the National Quality Standard (NQS) for childcare benchmark standards²
+ Compounding fixed 3% increases and attractive market review every five years ensuring long term rental growth.
+ Current rental well below market ($2,147 / place) offering significant potential future rental upside
+ Land tax-free commercial investment (NSW childcare centres are exempt from land tax)
+ Centrally located moments away key local amenities Broadmeadow Train Station, McDonald Jones Stadium and the Newcastle Entertainment Centre, with excellent exposure to Broadmeadow Road & Brown Road
+ Education rich catchment with 31 schools and 16,100+ school aged enrolments within 3km³
+ Broadmeadow: tightly held inner-Newcastle suburb 5km* from the Newcastle CBD currently undergoing a $3 billion+ urban renewal precinct forecast to deliver 2,600+ new homes and 6,000 new residents⁴

Net Rent: $107,366 pa + GST

Government-Underpinned Investment:
Childcare is an essential service asset class that enjoys bipartisan Federal and State Government support. The sector is underpinned by over $16 billion in Federal funding (FY25/26) to ensure that every child has access to at least 3 days per week of subsidised early education and care. The Government has also allocated a further $3.6 billion for educator wage increases — strengthening the tenant’s operational stability⁵.

To be sold via Investment Portfolio Auction 186
10:30am AEST Tuesday 4 August 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
1 Goodstart Annual Report 2025
2 ACECQA
3 Gapmaps
4 Newcastle Herald
5 Australian Government Productivity Commission website