CBRE is pleased to present Goodstart Pooraka located at 124 Henderson Avenue, Pooraka (Adelaide) SA, to the market via Investment Portfolio Auction 183.
The property has the following key highlights:
+ Triple net lease to 2030 with no options offering potential for significant rental upside
+ Triple net lease – tenant pays 100% of outgoings including land tax, all repairs & maintenance and structural capital expenditure
+ 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**
+ Current rental well below market ($1,850/ place) offering imminent future rental upside in 2030
+ Compounding fixed 3% annual increases guaranteeing long term rental growth
+ Longstanding 55LDC place centre rated ‘EXCEEDING’ situated on a 1,592sqm* metropolitan landholding
+ Prime education rich precinct with 13 schools within a 3km* radius
+ Strategically located just off Montague Road that carries over 198,000* vehicles weekly
+ Pooraka: a well established inner-metropolitan suburb only 12km* from the Adelaide CBD
+ Net Income: $101,770 pa* + GST
To be sold via Investment Portfolio Auction
10:30am (AEDT) Tuesday 31 March 2026,
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
** Goodstart Annual Report