Entry Level Investment Leased to National Not-For-Profit Early Education Provider
Description
CBRE is pleased to offer to market Goodstart Early Learning Riddells Creek (Macedon Ranges) VIC for sale via our Investment Portfolio Auction 184.
This opportunity has the following key investment highlights:
+ Renewed Ten (10) year net lease to Goodstart Early Learning to July 2030.
+ Two (2) further five (5) year options to July 2040.
+ Goodstart: Australia’s largest early education provider with 660+ centres nationally, employing 16,000 staff and generating annual revenue of $1.51 billion. (1)
+ Long-established childcare business operating on-site since 2010, underpinned by consistently high occupancy.
+ Investor preferred net lease terms with Goodstart responsible for all usual outgoings.
+ Desirable annual CPI rent reviews.
+ Purpose-built 80 place LDC centre situated on a substantial 8,990sqm* freehold landholding which includes more than 23 on-title car spaces.
+ Important 87m* frontage and exposure to Kilmore Road.
+ Imminent future rental upside potential with the current rent well below market levels ($2,020/place).
+ Riddells Creek: tightly-held Macedon Ranges township ~48km* northwest of Melbourne CBD, set to nearly double in size with 1,360 new homes approved under the state government’s Amess Road Precinct Structure Plan. (2)
+ Macedon Ranges: thriving regional shire ~50km* northwest of Melbourne CBD, home to 56,749 residents with population forecast to grow 32.7% to 75,303 by 2046, supporting 13,348 local jobs. (3)
+ Childcare/Early Education is an essential service asset class with both Federal & State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas.
+ Net Income: $161,642 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 13 May 2026
Garden Room – Crown Casino, Melbourne
Please contact the exclusively appointed team for more information.
* Approx
1 Goodstart Early Learning
2 ABC
3 .id
Enquire
Contact agents
Sam Mercuri Senior Negotiator
+61 413 830 709
Natalie Couper Senior Director
+61 413 856 983
Marcello Caspani-Muto Director
+61 417 065 777Enquiry Form
Riddells Creek, VIC
701 Kilmore Road
For Sale by Portfolio Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Sam Mercuri Senior Negotiator
+61 413 830 709 -
Natalie Couper Senior Director
+61 413 856 983 -
Marcello Caspani-Muto Director
+61 417 065 777