Ultra Rare Entry Level Sydney Childcare | 20 Year Triple Net Lease to 2041

Description

CBRE is pleased to present Goodstart Hurstville located at 190 Woniora Road, Hurstville NSW to the market via for sale via our Investment Portfolio Auction 185.

The property has the following key highlights:

+ Long 20 year triple net lease to 2041 plus two (2) further ten (10) year options to 2061
+ Goodstart Early Learning: Australia’s largest early education provider with 670+ centres nationally, employing 16,500 staff and generating a revenue of $1.67 billion**
+ Triple net lease – tenant pays 100% of outgoings including land tax, all repairs & maintenance and structural capital expenditure
+ Land tax-free commercial investment (NSW childcare centres are exempt from land tax)
+ Compounding fixed 3% increases and attractive market review every five years ensuring long term rental growth.
+ located near major arterials King Georges Road and Princes Highway as well as major brands McDonald’s, 7-Eleven, IGA & more
+ Current rental well below market ($2,710 / place) offering significant potential future rental upside.
+ Longstanding 36 LDC place centre strategically positioned within an education rich precinct with 37 schools and 19,055 school aged enrolments within 3km*
+ Hurstville: highly sought-after inner-city Sydney suburb only 15km* to Sydney CBD with a median house price of $2,200,000*
+ Net Rent: $97,552 pa + GST

To be sold via Investment Portfolio Auction 185
10:30am AEST Tuesday 23 June 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
** Goodstart Annual Report 2025

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Contact agents
Yosh Mendis Senior Director
+61 434 413 188
Josh Scapolan Director
0484 229 829
John Ingui Negotiator
0486 011 406
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Hurstville, NSW

190 Woniora Road

For Sale by Portfolio Auction
Tuesday 23rd June 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 185

Price: Contact Agent

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