Stonebridge National Investment Sales is pleased to present Goodstart Churchill (Brisbane) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Rarely offered opportunity suited to owner occupiers, investors and developers, with remaining lease term to 2026 and no options with uncapped CPI annual rent increases
- Currently leased to Goodstart Early Learning with secure holding income Australia's largest early learning provider across 664+ locations, 2022 revenue of $1.3b*
- Valuable 2,891 sqm* corner landholding improved by sprawling childcare facility licensed for 99 LDC places, plus 25 at-grade car parks and redevelopment potential (STCA)
- Strong trading childcare centre rated "Exceeding" under the National Quality Standard
- Ideal childcare location only 200m* to Churchill State Primary School and 2 minutes' drive to Bremer State School (2,326+ combined students), plus 5 further schools within a 3 km* radius
- Prominent 112m* of dual street frontage plus high exposure to Warwick Road, a key arterial accommodating 16,530+ vehicles daily
- Excellent proximity to major employment nodes, including University of Southern Queensland, Ipswich Hospital, $1Bn* Citiswitch Business Park and Australia's largest Air Force Base, RAAF Amberley, home to over 5,000+ defence personnel
- Favourable childcare catchment underpinned by high proportion of dual income families
- Churchill 33 km* west of Brisbane CBD, located in Queensland's fastest growing LGA, with a population forecast to exceed 520,000+ residents by 2041
- Lease secured by Bank Guarantee equivalent to 6 months' & outgoings + GST
- Net lease - tenant pays all outgoings including Structural Repairs & Maintenance, Insurance and Management Fees (excluding Land Tax)
- Net Income $203,726 pa* + GST
Goodstart Churchill (Brisbane) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
