Entry Level Childcare Opposite School | 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 Idalia (Townsville) at 19-21 Lakeland Boulevard, Idalia (Townsville) QLD for sale via our Investment Auction Portfolio 181.

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 billion¹
+ Current rental below market value with attractive market review every five years, next in July 2026 offering opportunity for significant rental uplift
+ Compounding fixed 3% annual rent increases guaranteeing long term growth
+ Expansive 75 LDC place centre positioned on a substantial 2,656sqm* freehold landholding located only 5km* from Townsville CBD.
+ This property enjoys exceptional proximity to Townsville’s key infrastructure – Murray Sporting Precinct (200m*), Cluden Racecourse & Lavarack Barracks (2km*), and further supported by key education and employment hubs including James Cook University and Townsville University Hospital
+ Directly across from Oonoonba State School (515 students*) and within a prime schooling catchment of 16 schools within a 4km radius combining to service 5,676* enrolments
+ Townsville: largest city in Northern Australia, with population forecast to grow 30% by 2046^ with $27 billion in infrastructure projects underway
+ Net Income: $152,513 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 9 December 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
1 Goodstart Annual Report

Do you own a similar property?

Enquire

Contact agents
Yosh Mendis Senior Director
0434 413 188
Josh Scapolan Associate Director
0484 229 829
Neville Smith Senior Director
0400 068 205
Enquiry Form
Privacy(Required)

Idalia, QLD

19-21 Lakeland Boulevard

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 181

Contact agents
Enquire