CBRE is pleased to offer to the market Goodstart Early Learning, located at 21 Lemongrass Circuit, Point Cook (Melbourne) VIC, for sale via our Investment Portfolio Auction 187.

This opportunity has the following key investment highlights:

+ Fifteen (15) year net lease to Goodstart Early Learning to October 2035
+ Two (2) further ten (10) year options to October 2055
+ Goodstart: Australia’s largest early education provider with 670+ centres nationally, employing 16,000 staff and generating annual revenue of $1.51 billion
+ Triple net lease: tenant pays 100% of outgoings including all capital expenditure, rates, insurances, management fees and land tax (if tenant deemed not exempt)
+ Current rental below market value ($2,075/place) with attractive market reviews every five years (capped at 7.5%)
+ Fixed annual 3% rent reviews, ensuring continued income growth
+ Well-presented and established 90 LDC place centre including 23 on-title car spaces
+ Exceptional 2,626sqm* corner landholding with a combined 121m* of main road street frontage and exposure to 210,000+ vehicles passing weekly^
+ Strategically located opposite Stockland Point Cook Shopping Centre anchored by ALDI, Coles, Dan Murphy’s, KFC, McDonald’s, Target, Woolworths and over 150 specialty stores^
+ Ideally positioned only 150m* from Point Cook Senior Secondary College and 650m* from Stella Maris Catholic Primary, with an additional 10 schools within a 3km* radius^
+ Perfectly positioned directly opposite two medical centres and a dental practice, establishing an integrated healthcare and early education precinct
+ Point Cook: A highly sought-after suburb located 19 km* from the Melbourne CBD, with over 65,000 residents^^
+ City of Wyndham: home to more than 337,000 residents, the City of Wyndham supports 91,224 jobs and has an annual economic output of $37.867 billion^^
+ Childcare/ Early Education: an essential service asset class with both Federal & State Governments allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas
+ 3-day guarantee for childcare introduced this year, which is expected to boost overall affordability and accessibility for childcare throughout Australia
+ Net Income: $186,804 pa* + GST

For Sale by Investment Portfolio Auction 187
10:30am AEST Wednesday 16 September 2026
Crown Casino, Melbourne

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.id