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DESCRIPTION:Rarely Traded 2\,412sqm* Gold Coast Site | 20 Year Triple Net 
 Lease plus Options to 2061\nCBRE is pleased to present Goodstart Labrador
  located at 118-120 Olsen Avenue\, Labrador (Gold Coast) QLD\, to the mar
 ket via for sale via our Investment Portfolio Auction 185.\n\nThe propert
 y has the following key highlights:\n\n+ Long 20 year triple net lease to
  2040 plus two (2) further ten (10) year options to 2060\n+ Goodstart Ear
 ly Learning: Australia's largest early education provider with 670+ centr
 es nationally\, employing 16\,500 staff and generating a revenue of $1.67
  billion**\n+ Triple net lease  tenant pays 100% of outgoings including l
 and tax\, all R & Ms\, and structural capital expenditure\n+ Compounding 
 fixed 3% annual increases guaranteeing long term rental growth\n+ Current
  rental below market value with attractive market review every five years
 \, offering opportunity for rental uplift\n+ Beautifully presented\, dual
  freestanding 82 LDC place centre on substantial 2\,412sqm* metro Gold Co
 ast freehold\, high underlying land value\n+ High profile freehold site w
 ith dual street exposure & 36m* frontage to Olsen Avenue which carries 15
 9\,000 vehicles weekly*\n+ Gold Coast: world famous location\, one of Aus
 tralia's fastest growing cities\, forecast 31% population increase to 1\,
 000\,000 by 2041\n+ Net Income: $227\,684 p.a* + GST\n\nTo be sold via In
 vestment Portfolio Auction 185\n10:30am AEST Tuesday 23 June 2026\nYallam
 undi Rooms\, Sydney Opera House\n\nPlease contact the exclusively appoint
 ed sales team for more information.\n\n*Approx\n** Goodstart Annual Repor
 t 2025
DTEND:20260623T113000
DTSTAMP:20260526T085639Z
DTSTART:20260623T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 118-120 Olsen Avenue\, Labrador QLD
UID:CRE-2020870705-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Rarely Traded 2\,412sqm* Gold Coast
  Site | 20 Year Triple Net Lease plus Options to 2061 <br/> CBRE is pleas
 ed to present Goodstart Labrador located at 118-120 Olsen Avenue\, Labrad
 or (Gold Coast) QLD\, to the market via for sale via our Investment Portf
 olio Auction 185. <br/>  <br/> The property has the following key highlig
 hts: <br/>  <br/> + Long 20 year triple net lease to 2040 plus two (2) fu
 rther ten (10) year options to 2060 <br/> + Goodstart Early Learning: Aus
 tralia's largest early education provider with 670+ centres nationally\, 
 employing 16\,500 staff and generating a revenue of $1.67 billion** <br/>
  + Triple net lease  tenant pays 100% of outgoings including land tax\, a
 ll R & Ms\, and structural capital expenditure <br/> + Compounding fixed 
 3% annual increases guaranteeing long term rental growth <br/> + Current 
 rental below market value with attractive market review every five years\
 , offering opportunity for rental uplift <br/> + Beautifully presented\, 
 dual freestanding 82 LDC place centre on substantial 2\,412sqm* metro Gol
 d Coast freehold\, high underlying land value <br/> + High profile freeho
 ld site with dual street exposure & 36m* frontage to Olsen Avenue which c
 arries 159\,000 vehicles weekly* <br/> + Gold Coast: world famous locatio
 n\, one of Australia's fastest growing cities\, forecast 31% population i
 ncrease to 1\,000\,000 by 2041 <br/> + Net Income: $227\,684 p.a* + GST <
 br/>  <br/> To be sold via Investment Portfolio Auction 185 <br/> 10:30am
  AEST Tuesday 23 June 2026 <br/> Yallamundi Rooms\, Sydney Opera House <b
 r/>  <br/> Please contact the exclusively appointed sales team for more i
 nformation. <br/>  <br/> *Approx <br/> ** Goodstart Annual Report 2025</P
 ></body></html>
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