Stonebridge is pleased to present Goodstart Mudgeeraba (Gold Coast) for sale via National Portfolio Auction on Wednesday 4 September at 1pm (AEST).
The asset has the following key investment features:
- Secure 15 year triple net lease to 2035 + options to 2055 with fixed 3% annual rent increases
- Goodstart Early Learning – Australia’s largest early learning provider across 654+ locations, 2023 revenue of $1.3Bn*
- Significant 2,861 sqm* corner site with 128 metres* of sweeping frontage to Clover Hill Drive and 8 on-site car parks
- 58 place childcare facility adjacent Clover Hill Primary School (898+ students) and directly opposite prestigious Somerset College (1,623+ students)
- Well below market rent providing opportunity for income uplift
- Ideal childcare location situated in a high density residential catchment and within 3km* of 12 surrounding schools
- Convenient position only 910m* from Pacific Motorway M1 accommodating 105,637+ vehicles daily, providing access to Burleigh Heads and Surfers Paradise
- Only 3 minutes’ drive to key Robina retail hub accommodating Bunnings, Myer, David Jones, Kmart, Target, Big W, Woolworths, Coles, Aldi and a plethora of others
- Mudgeeraba – Well established Gold Coast suburb only 10 km* from Surfers Paradise
- Gold Coast – World famous location with current population of 590,000+ set to boom to 1 million by 2050
- Triple net lease – Tenant pays all outgoings including Structural Repairs & Maintenance, Land Tax, Insurance and Management Fees plus 6 month Bank Guarantee
- Net Income $104,186 pa* + GST
*Approximately
‘Goodstart Mudgeeraba (Gold Coast)’ is for sale via National Portfolio Auction on Wednesday 4 September at 1pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1014