Stonebridge is pleased to present ‘Goodstart Dakabin (Brisbane)’ for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior.
The asset has the following key investment features:
- Secure 25 year net lease to 2031 with favourable CPI annual rent increases
- Goodstart Early Learning – Australia’s largest early learning provider across 654+ locations, 2023 revenue of $1.3Bn*
- High performing 51 place childcare facility directly opposite Dakabin Primary School (549+ students)
- Prime 1,651 sqm* site with 55 metres* direct frontage to Sheaves Road and 14 on-site car parks
- Well below market rent providing opportunity for significant income uplift at open market review
- Perfect childcare location – 11 schools within a 3 km* radius and only 1.2 km* from Dakabin Train Station, featuring a 350 bay Park n’ Ride facility, providing the utmost convenience for parents and staff
- Only 1.6 km* from Bruce Highway, accommodating 120,806+ vehicles daily*, providing access to Brisbane CBD
- Conveniently positioned in between separately anchored Woolworths & Coles shopping centres, plus only a 3 minutes’ drive from North Lakes significant retail & industrial precinct home to Bunnings, Ikea, Kmart, The Good Guys, Spotlight among a plethora of others
- Dakabin – Well established family suburb 25 km* from Brisbane CBD providing a wealth of education, retail and transport amenity
- Brisbane – Booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Net lease – Tenant pays all outgoings including Structural Repairs & Maintenance, Insurance and Management Fees plus 6 month Bank Guarantee
- Net Income $129,353 pa* + GST^
‘Goodstart Dakabin (Brisbane)’ is for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior.
Please contact the exclusively appointed Stonebridge property professionals for more information.
^ Assuming 3.8% CPI Annual Rent Increase as at Oct 24
*Approximately
Property Code: 1121