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DESCRIPTION:Rare Corner Site Opposite Major Shopping Centre | Triple Net Le
 ase to National Childcare Operator\nCBRE is pleased to offer to the market
  Goodstart Early Learning\, located at 21 Lemongrass Circuit\, Point Cook 
 (Melbourne) VIC\, for sale via our Investment Portfolio Auction 187.\n \nT
 his opportunity has the following key investment highlights:\n \n+ Fifteen
  (15) year net lease to Goodstart Early Learning to October 2035\n+ Two (2
 ) further ten (10) year options to October 2055\n+ Goodstart: Australia's 
 largest early education provider with 670+ centres nationally\, employing 
 16\,000 staff and generating annual revenue of $1.51 billion\n+ Triple net
  lease: tenant pays 100% of outgoings including all capital expenditure\, 
 rates\, insurances\, management fees and land tax (if tenant deemed not ex
 empt)\n+ Current rental below market value ($2\,075/place) with attractive
  market reviews every five years (capped at 7.5%)\n+ Fixed annual 3% rent 
 reviews\, ensuring continued income growth\n+ Well-presented and establish
 ed 90 LDC place centre including 23 on-title car spaces\n+ Exceptional 2\,
 626sqm* corner landholding with a combined 121m* of main road street front
 age and exposure to 210\,000+ vehicles passing weekly^\n+ Strategically lo
 cated opposite Stockland Point Cook Shopping Centre anchored by ALDI\, Col
 es\, Dan Murphy's\, KFC\, McDonald's\, Target\, Woolworths and over 150 sp
 ecialty stores^\n+ Ideally positioned only 150m* from Point Cook Senior Se
 condary College and 650m* from Stella Maris Catholic Primary\, with an add
 itional 10 schools within a 3km* radius^\n+ Perfectly positioned directly 
 opposite two medical centres and a dental practice\, establishing an integ
 rated healthcare and early education precinct\n+ Point Cook: A highly soug
 ht-after suburb located 19 km* from the Melbourne CBD\, with over 65\,000 
 residents^^\n+ City of Wyndham: home to more than 337\,000 residents\, the
  City of Wyndham supports 91\,224 jobs and has an annual economic output o
 f $37.867 billion^^\n+ Childcare/ Early Education: an essential service as
 set class with both Federal & State Governments allocating over $16 billio
 n in funding for FY25\, including $3.6 billion supporting wages and $1 bil
 lion to expand access in underserved areas\n+ 3-day guarantee for childcar
 e introduced this year\, which is expected to boost overall affordability 
 and accessibility for childcare throughout Australia\n+ Net Income: $186\,
 804 pa* + GST\n \nFor Sale by Investment Portfolio Auction 187\n10:30am AE
 ST Wednesday 16 September 2026\nCrown Casino\, Melbourne\n \nPlease contac
 t the exclusively appointed team for more information.\n \n* Approx\n^ Gap
 maps\n^^ Forecast.id
DTEND:20260916T113000
DTSTAMP:20260820T030341Z
DTSTART:20260916T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 21 Lemongrass Circuit\, Point Cook VIC
UID:CRE-2021087266-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Rare Corner Site Opposite Major Shopp
 ing Centre | Triple Net Lease to National Childcare Operator <br/> CBRE is
  pleased to offer to the market Goodstart Early Learning\, located at 21 L
 emongrass Circuit\, Point Cook (Melbourne) VIC\, for sale via our Investme
 nt Portfolio Auction 187. <br/>   <br/> This opportunity has the following
  key investment highlights: <br/>   <br/> + Fifteen (15) year net lease to
  Goodstart Early Learning to October 2035 <br/> + Two (2) further ten (10)
  year options to October 2055 <br/> + Goodstart: Australia's largest early
  education provider with 670+ centres nationally\, employing 16\,000 staff
  and generating annual revenue of $1.51 billion <br/> + Triple net lease: 
 tenant pays 100% of outgoings including all capital expenditure\, rates\, 
 insurances\, management fees and land tax (if tenant deemed not exempt) <b
 r/> + Current rental below market value ($2\,075/place) with attractive ma
 rket reviews every five years (capped at 7.5%) <br/> + Fixed annual 3% ren
 t reviews\, ensuring continued income growth <br/> + Well-presented and es
 tablished 90 LDC place centre including 23 on-title car spaces <br/> + Exc
 eptional 2\,626sqm* corner landholding with a combined 121m* of main road 
 street frontage and exposure to 210\,000+ vehicles passing weekly^ <br/> +
  Strategically located opposite Stockland Point Cook Shopping Centre ancho
 red by ALDI\, Coles\, Dan Murphy's\, KFC\, McDonald's\, Target\, Woolworth
 s and over 150 specialty stores^ <br/> + Ideally positioned only 150m* fro
 m Point Cook Senior Secondary College and 650m* from Stella Maris Catholic
  Primary\, with an additional 10 schools within a 3km* radius^ <br/> + Per
 fectly positioned directly opposite two medical centres and a dental pract
 ice\, establishing an integrated healthcare and early education precinct <
 br/> + Point Cook: A highly sought-after suburb located 19 km* from the Me
 lbourne CBD\, with over 65\,000 residents^^ <br/> + City of Wyndham: home 
 to more than 337\,000 residents\, the City of Wyndham supports 91\,224 job
 s and has an annual economic output of $37.867 billion^^ <br/> + Childcare
 / Early Education: an essential service asset class with both Federal & St
 ate Governments allocating over $16 billion in funding for FY25\, includin
 g $3.6 billion supporting wages and $1 billion to expand access in underse
 rved areas <br/> + 3-day guarantee for childcare introduced this year\, wh
 ich is expected to boost overall affordability and accessibility for child
 care throughout Australia <br/> + Net Income: $186\,804 pa* + GST <br/>   
 <br/> For Sale by Investment Portfolio Auction 187 <br/> 10:30am AEST Wedn
 esday 16 September 2026 <br/> Crown Casino\, Melbourne <br/>   <br/> Pleas
 e contact the exclusively appointed team for more information. <br/>   <br
 /> * Approx <br/> ^ Gapmaps <br/> ^^ Forecast.id</P></body></html>
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