Stonebridge Property Group, in conjunction with CBRE, has successfully transacted the Honour Early Learning Redbank Plains freehold for $10,700,000, reflecting a 5.35% yield, in the largest Queensland childcare sale of 2025.
The recently constructed centre, completed in 2024 and developed by esteemed Brisbane-based group OneFin, was sold via a competitive national expression of interest campaign that generated strong investor engagement and multiple unconditional offers. The asset was acquired by a private investor, demonstrating continued confidence in long term leased childcare investments within South-East Queensland’s key growth corridors.
Strategically positioned within Brisbane’s western growth corridor, 35 km from the CBD, Redbank Plains is experiencing significant residential growth and local amenity upgrades.
The purpose-built facility, set across a 4,505 sqm corner site, is leased to Honour Early Learning – a new, leading operator with six established centres and a further five in different stages of development across SEQ.
Commenting on the sale, Stonebridge Partner, Tom Moreland, said “The depth of interest across the campaign is encouraging. This is one of the first public offerings to market with the new ‘wave’ of market rents for premium, purpose built childcare centres, as newly built facilities are all now being established with rents above $4,000 per place across Queensland. For cap rates to remain firm, at higher quantum’s, is testament to investor confidence across the sector.”
CBRE Associate Director, Harrison Coburn, added “We continue to see private capital targeting high-growth areas like Redbank Plains, where population expansion and housing development are underpinning sustainable long-term demand for essential-service assets. This transaction reinforces the strength of Queensland’s investment market and the ongoing confidence in the region.”
Stonebridge Senior Executive, Thomas Proberts, continued “Honour Early Learning Redbank Plains ticked all of the boxes – strong performing centre and operator, new improvements with huge depreciation, and immense income growth over the term of the lease. This provides the new purchaser with an attractive long-term, escalating and tax effective annuity style investment.”
For more information, please contact the team below:
Tom Moreland | +61 408 072 822 | tmoreland@stonebridge.com.au
Thomas Proberts | +61 439 588 019 | tproberts@stonebridge.com.au
Join The Discussion