Burgess Rawson is pleased to offer Goodstart Early Learning Highland Park at 91-93 Alexander Drive, Highland Park (Gold Coast) QLD for sale via our Investment Portfolio Auction 173. The property has the following investment highlights: + Long 20 year triple net lease to 2040 plus option to 2050 + Goodstart Early Learning: Australia’s largest early education provider with 660+ centres nationally, employing 15,800 staff and generating a revenue of $1.3 billion** + Triple net lease – tenant pays 100% of outgoings including land tax, all R & Ms, & structural CapEx + Compounding fixed 3% annual increases guaranteeing long term rental growth + Current rental below market value with attractive market review every five years, next due in 2025 + Prime location directly neighbouring Highland Park Shopping Plaza, Highlands Health Centre, BP & Little Snappers Swim School and in close proximity to award winning lifestyle resort Golden Crest Manors + Long-established 74 LDC place centre with expansive outdoor play scapes + Strategic 2,116sqm* site with over 57m* of main road frontage + Gold Coast: world famous location with a Gross Regional Product of $45.38* billion and attracting 12.2* million visitors over the past 12 months + Net Income: $139,243 pa* + GST To be sold by Investment Portfolio Auction 10:30 am AEDT Tuesday, 10 December 2024 Yallamundi Rooms, Sydney Opera House Please contact the exclusively appointed Burgess Rawson team for more information. *Approx **Goodstart annual report ^Gapmaps
Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street, Brisbane-City, Qld
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