Long 15-Year Net Lease to 2038 to National Operator | Trading at 100% Occupancy with Extensive Waitlist

Description

CBRE are pleased to present to the market Eden Academy, located at 33 Arana Drive, Rural View (Mackay Northern Beaches), for sale via Investment Portfolio Auction 189.
      
The opportunity has the following investment highlights:

+ Long fifteen (15) year net lease to October 2038, plus one (1) further fifteen (15) year option to 2053
+ Eden Academy: prized childcare operator with 63 centres nationally, now wholly owned by Imagine Education Group (1)
+ Imagine Education Group: recently acquired Eden Academy for $250 million, and now operating a combined network of 120+ childcare centres across Australia, Eden Academy are set to retain their brand name with day-to-day operations to remain the same nationally (2)
+ Under-supplied childcare location, with current occupancy at 100% with extensive waitlist of families
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ Landlord favourable net lease structure with tenant responsible for 100% of all usual outgoings, including management fees (excluding land tax)
+ Purpose-built 100 LDC place childcare centre with 26 on-site car parks, constructed in September 2023, offering the incoming purchaser significant tax saving depreciation benefits
+ Expansive 2,699sqm* landholding positioned 300m from Eimeo Road State School (607 enrolments), 500m from North Mackay State School (1,012 enrolments), and 1km* from St Brendan’s Catholic Primary School (439 enrolments) (3)
+ Strategically located next to Stockwell’s showroom precinct and less than 500m from Stockwell’s Northern Beaches Central Shopping Centre, anchored by Coles and Woolworths, and supported by 30+ specialty retailers including McDonald’s, Hungry Jack’s, KFC, QLD X-Ray, Anytime Fitness, BWS, and Australia Post (4)
+ Set directly opposite Family Health Care Mackay, anchored by longstanding Terry White Chemmart, Sullivan Nicolaides Pathology, Podiatry, Dentistry and General Practice tenants (4)
+ Mackay: One of Queensland’s fastest-growing LGA’s with population forecast to increase 25% to over 160,000 by 2041 (5)
+ Net Income: $321,956 pa* + GST

For Sale via Investment Portfolio Auction 189
10.30am (AEST) Thursday 10 December 2026
Level 3, Waterfront Place, Brisbane City

Please contact the exclusively appointed sales team for more information

*Approx

(1) Eden Academy
(2) Imagine Education Group
(3) GapMaps
(4) Google Maps
(5) Mackay Regional Council

Enquire

Contact agents
Matt Smith Negotiator
+61 400 366 096
Tom Lawrence Senior Negotiator
0428 626 117
Josh Scapolan Director
0484 229 829
Mikaela O’Farrell 150106
0412 425 368
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Rural View, QLD

33 Arana Drive

For Sale by Portfolio Auction
Thursday 10th December 10:30AM Level 3, 1 Eagle St, Brisbane

This property is part of Portfolio 189

Price: Contact Agent

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