Rare 25 Year Triple Net Lease | Future Proof Brisbane Childcare | Australia's Largest Provider

Description

CBRE is pleased to offer to the market Goodstart Early Learning Bray Park (Brisbane) at 2-8 Elmwood Drive (Samsonvale Road), Bray Park (Brisbane) QLD for sale via our Investment Auction Portfolio 176.

This opportunity has the following key investment highlights:

+ Rare 25 year triple net lease to 2045 plus 2 x 10 year options to 2065
+ Goodstart Early Learning: Australia’s largest early education provider with 660+ centres nationally, employing 16,000 staff and generating a revenue of $1.51 billion**
+ Triple net lease – tenant pays 100% of outgoings including land tax, management fees, all R & Ms, and structural capital expenditure
+ Compounding fixed 3% annual rent increases guaranteeing long term rental growth
+ Current rental below market value with attractive market review every five years, next due in November 2025, offering opportunity for rental uplift
+ Strategically located within close proximity to McDonald’s, Guzman y Gomez Marketplace Warner anchored by Woolworth’s, Aldi, Domino’s, Pizza Hut, Subway and BWS, and 800 metres from Genesis Christian College, a leading school in the Moreton Bay Region with 1,574 enrolments in 2023
+ Expansive 65 LDC place centre on significant 2,527sqm* metropolitan Brisbane corner landholding
+ Strategically positioned on a main road corner site with 105m* of valuable dual street frontage to Samsonvale Road and Elmwood Drive
+ Moreton Bay: 30 mins to Brisbane CBD, one of Australia’s fastest growing regions with the population set to grow 95% by 2046***
+ Net Income: $146,959 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 13 May 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
** Goodstart Annual Report
*** Moretonbay.qld.gov.au

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Contact agents
Yosh Mendis Senior Director
0434 413 188
Josh Scapolan Associate Director
0484 229 829
Adam Thomas Senior Director
0418 998 971
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Bray Park, QLD

2-8 Elmwood Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 176

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