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DESCRIPTION:Goodstart Option Exercised Early - 20 Year Net Lease to 2040 + 
 Option | Recent 700K Tenant-Funded Refurbishment\nCBRE is pleased to prese
 nt Goodstart Early Learning Cowra located at 2 Binni Creek Road\, Cowra NS
 W 2794 to the market for sale via Portfolio Auction 189.\n\nThe property h
 as the following investment highlights:\n\n+ Long twenty (20) year net lea
 se to Goodstart Early Learning to 2040\, plus one further ten (10) year op
 tion to 2050\n+ Goodstart Early Learning: Australia's largest early educat
 ion provider\, with a network of 670+ centres nationally\, employing 16\,0
 00 staff and generating a revenue of $1.51 billion*\n+ Landlord-favourable
  net lease terms\, with Goodstart Early Learning responsible for 100% of o
 utgoings as per the lease\n+ Land tax-free commercial investment (NSW chil
 dcare centres are exempt from land tax)\n+ Compounding greater of CPI or f
 ixed 1.5% annual rental increases over the remaining 14-year lease term de
 livering long-term income growth\n+ Current rental below market ($2\,464 /
  place) with uncapped market reviews offering future income growth potenti
 al \n+ Recent tenant-funded $700\,000 refurbishment illustrating strong co
 mmitment to the location \n+ Strong-trading childcare centre with the tena
 nt having exercised its option four years early\, illustrating Goodstart E
 arly Learning's commitment to and strength in the area\n+ 3\,622sqm* landh
 olding positioned in a prime schooling catchment\, with 6 schools within a
  5-minute drive\, combining to support 1\,700+ full-time students^\n+ Unde
 rsupplied childcare catchment: situated in an undersupplied childcare area
  with a ratio of 3.2 children per place (0-5 years)\, offering strong oper
 ational security^\n+ Long-established childcare centre licenced for 90 LDC
  places with history of strong occupancy\, surrounded by an abundance of n
 ational retailers\, including Coles\, Woolworths\, ALDI & McDonalds\n+ Cow
 ra: key Central West NSW regional centre strategically positioned at the i
 ntersection of three state highways (Mid-Western Highway\, Olympic Highway
  and Lachlan Valley Way)\n+ Net Income: $221\,844 pa* + GST\n\nTo be sold 
 via Investment Portfolio Auction 189\n10:30am (AEST) Tuesday 8 December 20
 26\nYallamundi Rooms\, Sydney Opera House\n\n^GapMaps
DTEND:20261208T113000
DTSTAMP:20261112T030336Z
DTSTART:20261208T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 2 Binni Creek Road\, Cowra NSW
UID:CRE-2021322893-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>Goodstart Option Exercised Early - 20
  Year Net Lease to 2040 + Option | Recent 700K Tenant-Funded Refurbishment
  <br/> CBRE is pleased to present Goodstart Early Learning Cowra located a
 t 2 Binni Creek Road\, Cowra NSW 2794 to the market for sale via Portfolio
  Auction 189. <br/>  <br/> The property has the following investment highl
 ights: <br/>  <br/> + Long twenty (20) year net lease to Goodstart Early L
 earning to 2040\, plus one further ten (10) year option to 2050 <br/> + Go
 odstart Early Learning: Australia's largest early education provider\, wit
 h a network of 670+ centres nationally\, employing 16\,000 staff and gener
 ating a revenue of $1.51 billion* <br/> + Landlord-favourable net lease te
 rms\, with Goodstart Early Learning responsible for 100% of outgoings as p
 er the lease <br/> + Land tax-free commercial investment (NSW childcare ce
 ntres are exempt from land tax) <br/> + Compounding greater of CPI or fixe
 d 1.5% annual rental increases over the remaining 14-year lease term deliv
 ering long-term income growth <br/> + Current rental below market ($2\,464
  / place) with uncapped market reviews offering future income growth poten
 tial  <br/> + Recent tenant-funded $700\,000 refurbishment illustrating st
 rong commitment to the location  <br/> + Strong-trading childcare centre w
 ith the tenant having exercised its option four years early\, illustrating
  Goodstart Early Learning's commitment to and strength in the area <br/> +
  3\,622sqm* landholding positioned in a prime schooling catchment\, with 6
  schools within a 5-minute drive\, combining to support 1\,700+ full-time 
 students^ <br/> + Undersupplied childcare catchment: situated in an unders
 upplied childcare area with a ratio of 3.2 children per place (0-5 years)\
 , offering strong operational security^ <br/> + Long-established childcare
  centre licenced for 90 LDC places with history of strong occupancy\, surr
 ounded by an abundance of national retailers\, including Coles\, Woolworth
 s\, ALDI & McDonalds <br/> + Cowra: key Central West NSW regional centre s
 trategically positioned at the intersection of three state highways (Mid-W
 estern Highway\, Olympic Highway and Lachlan Valley Way) <br/> + Net Incom
 e: $221\,844 pa* + GST <br/>  <br/> To be sold via Investment Portfolio Au
 ction 189 <br/> 10:30am (AEST) Tuesday 8 December 2026 <br/> Yallamundi Ro
 oms\, Sydney Opera House <br/>  <br/> ^GapMaps</P></body></html>
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