Brand New Childcare Opposite North Queensland's Largest School (1,922 Enrolments) | New 20-Year Net Lease to 2046 + Options

Description

CBRE are pleased to present to the market Imagine Childcare Kirwan (Townsville), located at Lot 32/59-63 Thuringowa Drive, Kirwan (Townsville) QLD 4817 for sale via Investment Portfolio Auction 189.

The opportunity has the following investment highlights:

+ Brand new twenty (20) year net lease to 2046 plus two (2) further ten (10) year options to 2066
+ Imagine Childcare: Part of Imagine Education Group – one of Australia’s largest early education providers with 50+ centres nationwide. Recently acquired Eden Academy (63 centres) for $250m in a landmark transaction, combining two pivotal childcare operators to create one of the largest and most influential early learning platforms in Australia
+ Landlord favourable net lease with tenant paying for all usual outgoings as per the lease including land tax
+ Annual CPI rent reviews
+ Brand new state-of-the-art construction completed November 2026, providing significant depreciation benefits to the incoming purchaser
+ Immaculate 660 sqm* single-level childcare centre approved for 94 LDC places fitted out to Imagine Childcare’s latest corporate design
+ Strategically positioned on a 2,193sqm* landholding located directly opposite North Queensland’s largest state high school (Kirwan State High School – 1,922 enrolled students*)
+ Within a strong trade catchment with 5,500+ 0–5-year-olds within a 5km* radius and 11 schools within 3km* of the centre
+ Directly adjoining a brand new 7-eleven with direct frontage to Thuringowa Drive (150,000+ vehicles passing weekly)
+ Ideally located within premium commercial and medical corridor, including 1km* of Kirwan Health Campus, Medicare Urgent care clinic and Willows Shopping Centre, a major retail centre anchored by Woolworths, Coles, Aldi and 125+ specialties*
+Kirwan: Townsville’s largest residential suburb, located just 8km from the CBD and experienced a 12.5% increase in median house prices over the past 12 months
+Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046
+Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16.9 billion in funding for FY26, including $3.6 billion to support wages and $1 billion to expand access in underserved areas
+ Net Income: $371,300 pa* + GST

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

Also available as part of CBRE’s December Investment Portfolio Campaign (to be sold individually)
– 7-Eleven Townsville

Please contact the exclusively appointed sales team for more information

*Approx

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Contact agents
Neville Smith Senior Director
0400 068 205
Matt Smith Negotiator
+61 400 366 096
Fin Hume Negotiator
+61 488 008 975
Michael Hooper Negotiator
0488 332 682
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Kirwan, QLD

Lot 32/ 59-63 Thuringowa 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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