51 York Street Indooroopilly QLD 4068

Burgess Rawson is pleased to offer to the market Goodstart Indooroopilly, located at 51 York Street, Indooroopilly QLD 4068 for sale via Burgess Rawson Investment Portfolio Auction 177.

This opportunity has the following key investment highlights:

+ Renewed nineteen (19) year net lease to Goodstart Early Learning to October 2038, plus two (2) further ten (10) year options to 2058
+ Goodstart Early Learning: Australia's largest early education provider with 660+ centres nationally, employing 16,000 staff and generating annual revenue of $1.51 billion
+ Triple net lease - tenant pays 100% of outgoings, including land tax, management fees, repairs and maintenance and structural capital expenditure
+ Current rental well below market value, with attractive market reviews every 5 years, next due in October 2028 (uncapped)
+ Exceptional annual increases to the greater of fixed 2.5% or CPI (capped at 6%)
+ Impressive 106 place LDC childcare facility with strong future development potential (STCA), positioned within a medium-density residential zone and adjoining a 35 unit residential project currently under construction
+ Expansive 2,120sqm* site situated in a prized schooling catchment, with 12 schools located within a 2km* radius, combining to support 13,646 full-time students*
+ Situated within 1km* of Westfield Indooroopilly anchored by Myer, David Jones, Coles, Woolworths, ALDI and supported by 350+ specialty retailers
+ Childcare/Early Education: an essential service asset class with both Federal & State Government's allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas
+ Brisbane: home of the 2032 Olympics & the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $281,713 pa* + GST

For Sale via Investment Portfolio Auction 177
10.30am AEST Thursday 26 June 2025
The Westin, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.