Goodstart, 46 Mirambeena Drive, Pimpama, Qld 4209

Stonebridge is pleased to present Goodstart Pimpama (Gold Coast) for sale via National Portfolio Auction on Wednesday 4 September at 1pm (AEST).

The asset has the following key investment features:

   -  Secure 25 year net lease to 2032 with favourable uncapped CPI annual rent increases

   -  Goodstart Early Learning – Australia’s largest early learning provider across more than 654 locations with a revenue of $1.3Bn* in 2023

   -  Substantial 4,414 sqm* landholding improved by sprawling childcare facility licensed for 116 LDC places, plus multiple on-site car parks

   -  Ideally located directly opposite Ormeau Primary School and only 750 metres* to Lutheran Ormeau School (1,598+ combined students)

   -  Well below market rent providing opportunity for income uplift

   -  Perfect childcare location – 7 schools within a 3 km* radius and only 375 metres* from Ormeau Train Station, featuring a 390 bay Park n’ Ride facility, providing the utmost convenience for parents and staff

   -  2 minutes drive to ‘Pimpama City Shopping Centre’ accommodating dominant national retailers including Coles, ALDI, Chemist Warehouse, Hungry Jack’s, KFC & Zarraffa’s

   -  Only 3.9 km* to Mirvac’s $522 million*, 2,200 lot ‘Gainsborough Greens’ masterplanned residential development

   -  Exceptional access and 90 metres* of frontage to Mirambeena Drive, a major thoroughfare linked to Pacific Motorway M1, providing vehicular access both north to the Brisbane CBD and south to the Gold Coast

   -  Pimpama – One of Australia’s fastest growing suburbs in the booming Brisbane to Gold Coast corridor, boasting 24% population growth and over $400m of development planned or underway

   -  Net Lease – Tenant pays usual outgoings including Structural Repairs & Maintenance, Insurance and Management Fees plus 6 month Bank Guarantee

   -  Net Income $228,120 pa* + GST

*Approximately

‘Goodstart Pimpama (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: 1015