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

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Josh Scapolan Senior Sales Executive
0484 229 829
Neville Smith Partner
0400 068 205
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Idalia, QLD

19-21 Lakeland Boulevard

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 181

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