Prominent Metro Brisbane Childcare | Triple Net lease to 2036 + Options to 2056

Description

Burgess Rawson from CBRE is pleased to offer to the market Goodstart Early Learning, located at 36 Flamingo Drive, Albany Creek (Brisbane) QLD, for sale via Investment Portfolio Auction 180.

This opportunity has the following key investment highlights:

+ Nineteen (19) year triple net lease to August 2036
+ Two (2) further ten (10) year options to 2056
+ Triple net lease – tenant pays 100% of outgoings including land tax (multiple holding basis), all repairs and maintenance and structural capital expenditure
+ Goodstart: Australia’s largest early education provider with 660+ centres nationally, employing 16,000 staff and generating annual revenue of $1.51 billion
+ Current rental below market with the next market review in August 2026, offering opportunity for significant rental uplift
+ Annual rent increases to the greater of 2.5% or CPI (capped at 6%)
+ Well-presented 93 LDC place centre adjoining McDonalds, KFC, Shell (Ready Express) and Subway
+ Irreplaceable 2,531sqm* main road corner site with dual street frontage to both Albany Creek Road and South Pine Road, and exposure to over 66,000 passing vehicles daily*^
+ Strategic position between Albany Creek Village (450m*) and Albany Central Shopping Centre (1.5km*), two major retail amenities anchored by Woolworths, Coles, Petstock, Chemist Warehouse, Domino’s, and various specialty retailers
+ Brisbane City: the third largest city in Australia, with a population forecast to grow 230% to 4.2 million residents by 2050^^
+ Moreton Bay Region: one of Australia’s fastest-growing regions, within 25km* of the Brisbane CBD, and the third-largest LGA in the country, with an estimated population of 479,639* and a workforce catchment of over 1 million*^^
+ Childcare/ Early Education is an essential service asset class with both Federal and State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages along with a further $1 billion to expand access in undersupplied areas
+ Net Income: $240,306 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 October 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed team for more information.

* Approx.
^ Gapmaps
^^ Forecast.Id

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Adam Thomas Senior Director
0418 998 971
Natalie Couper Senior Director
0413 856 983
Yosh Mendis Senior Director
0434 413 188
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Albany Creek, QLD

36 Flamingo Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 180

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