Goodstart, 8 Healy Street, South Toowoomba, Qld 4350

Stonebridge is pleased to present Goodstart Toowoomba for sale via National Portfolio Auction on Wednesday 9 April at 11am.

The asset has the following key investment features: 

·       15 year triple net lease to 2035 plus options to 2055 with fixed 3% annual rent increases

·       Triple Net Lease – Tenant pays all outgoings including Land Tax, Structural Repairs & Maintenance, Insurance and Management Fees plus 3 month Bank Guarantee

·       Goodstart Early Learning – Australia’s largest early learning provider across 654+ locations, 2023 revenue of $1.3Bn*

·       Well below market rent providing opportunity for short term rental income uplift 

·       Prime 1,457 sqm* site improved by purpose built 74 place childcare facility 

·       Outstanding childcare location – within 3 km* of 23 surrounding schools and only 540m* to St Saviour’s College (696+ students) 

·       Ideal position in an established residential catchment and only 705m* to Toowoomba’s largest hospital 

·       Only 1.6 km* to Toowoomba’s largest shopping centre, Grand Central, anchored by Coles, Woolworths, Kmart and Big W, welcoming 10.8 million+ visitors annually*

·       Toowoomba - Dynamic South-East Queensland city with strong $11 Billion economy with population to exceed 200,000+ by 2036

·       Net Income $147,815 pa* + GST

‘Goodstart Toowoomba’ is for sale via National Portfolio Auction on Wednesday 9 April at 11am.

Please contact the exclusively appointed Stonebridge property professionals for more information.

 *Approximately

Property Code: 1206