36 Year Triple Net Lease to 2054 + Opts – Goodstart Childcare Opposite School

  • $2,200,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘Goodstart Early Learning Cairns’ for sale via National Portfolio Auction on Thursday 19 February at 10:30am (AEDT).

The asset has the following key investment features:

– Rare 36 year triple net lease to 2054 plus options to 2074 with greater of CPI^ or 2.5% annual rent increases

– Triple Net Lease – Tenant pays all outgoings including Land Tax, Structural Repairs & Maintenance, Insurance and Management Fees

– Significant Rental Uplift Opportunity – Current rental below market value with attractive market review every ten years, next review in June 2029

– Goodstart Early Learning – Australia’s largest early learning provider across 677+ locations, 2025 revenue of $1.6Bn*

– Well configured 2,426 sqm* corner site improved by an established 75 place childcare facility with 18 car parks

– Strategic location directly opposite large primary school and within 2 km* of 4,368+ students

– 74m* direct frontage to Anderson Road, a local arterial providing access to the Bruce Highway (56,495+ vehicles daily)

– Cairns – One of Australia’s largest regional cities, boasting a $10.3 billion* economy with population set to reach 322,700+ residents by 2046*

– Ultimate Lease Security – 6 month Bank Guarantee and Ratchet Clause ensuring rent cannot decrease at market review

– Net Income $190,559 pa* + GST

‘Goodstart Early Learning Cairns’ is for sale via National Portfolio Auction on Thursday 19 February at 10:30am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately ^Brisbane CPI

Our ID: a0TOd00000dCrGgMAK
Our Ref: National Portfolio, Childcare

Property Code: 1536

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