Premium Gold Coast Childcare Neighbouring McDonald's & Coles | 20 Year Triple Net Lease to Australia’s Largest Provider

Description

Burgess Rawson from CBRE is pleased to offer to the market Goodstart Early Learning Ormeau (Gold Coast) at 166-168 Pascoe Road, Ormeau (Gold Coast) QLD for sale via our Investment Auction Portfolio 180.

The property has the following investment highlights:

+ Long 20-year triple net lease to 2041 plus 2 x 10-year options to 2061
+ Triple net lease – tenant pays 100% of outgoings including land tax, all repairs & maintenance and structural capital expenditure
+ Goodstart Early Learning: Australia’s largest early education provider with 660+ centres nationally, employing 16,000 staff and generating a revenue of $1.51 billion**
+ Current rental below market value with attractive market review every five years, next in 2026 offering opportunity for significant rental uplift
+ Compounding fixed 3% annual increases guaranteeing long term rental growth
+ Landmark 75LDC place centre on a substantial 2,630sqm* landholding in a major commercial and residential catchment
+ One of only 5 parcels of ‘Neighbourhood Centre’ zoned land providing rare and tightly held development potential with a wide range of permittable uses (STCA)
+ Prime location adjacent to McDonald’s and in close proximity to Coles anchored Ormeau Central Shopping Centre, Norfolk Village Shopping Centre and Norfolk Tavern
+ Strategically positioned on a tightly held landholding benefiting from proximity to Pacific Motorway, a key QLD arterial connecting Brisbane and the Gold Coast that carries over 978,000 vehicles weekly
+ Highly desirable location in an under-supplied childcare catchment with a ratio of 2.7 children aged 0-5 years old per LDC place
+ Ormeau: booming suburb situated between Brisbane and the Gold Coast with a median house price growth of 17%* in the past 24 months***
+ Gold Coast: world famous location with a Gross Regional Product of $49.46* billion and attracting 13* million visitors in 2024
+ Net Income: $148,649 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 October 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
** Goodstart Annual Report
***realestate.com

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Contact agents
Yosh Mendis Senior Director
0434 413 188
Josh Scapolan Associate Director
0484 229 829
Adam Thomas Senior Director
0418 998 971
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Ormeau, QLD

166-168 Pascoe Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 180

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