Burgess Rawson is pleased to offer Goodstart Early Learning Nerang (Highland Park) at 91-93 Alexander Drive, Highland Park (Gold Coast) QLD for sale via our Investment Portfolio Auction 173.

The property has the following investment highlights:

+ Long 20 year triple net lease to 2040 plus 2 x 10 year options to 2060
+ Goodstart Early Learning: Australia’s largest early education provider with 660+ centres nationally, employing 15,800 staff and generating a revenue of $1.3 billion**
+ Triple net lease – tenant pays 100% of outgoings including land tax, all R & M’s, & structural CapEx
+ Compounding fixed 3% annual increases guaranteeing long term rental growth
+ Current rental below market value with attractive market review every five years, next due in 2025
+ Prime location directly neighbouring Highland Park Shopping Plaza, Highlands Health Centre, BP & Little Snappers Swim School and in close proximity to award winning lifestyle resort Golden Crest Manors
+ Long-established 74 LDC place centre with expansive outdoor play scapes
+ Strategic 2,116sqm* site with over 57 metres* of main road frontage
+ Gold Coast: world famous location with a Gross Regional Product of $45.38* billion and attracting 12.2* million visitors over the past 12 months
+ Net Income: $143,412 pa* + GST

To be Sold by Investment Portfolio Auction
10:30 am AEDT Tuesday, 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
**Goodstart annual report
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