Burgess Rawson in conjunction with Chin Property Group is pleased to offer to the market Goodstart Early Learning located at 1 Tamarind Road, Moulden NT for sale via Investment Portfolio Auction 175.
This opportunity has the following key investment highlights:
+Renewed five (5) year net lease to September 2029
+Four (4) further five (5) year options to September 2049
+Goodstart Early Learning: Australia's largest early education provider with 660+ centres nationally, employing 16,000 staff and generating a revenue of $1.51 billion**
+Fixed 3% annual increases ensuring rental growth
+Tenant pays all usual outgoings
+Land tax free investment
+Well-maintained 73 LDC place centre with recent tenant-funded capital upgrades
+Substantial 2,980sqm* corner site with over 91m* of dual street frontage, positioned only 400m* from Moulden Park Primary School and 700m* from Woodroffe Primary School
+Booming location with convenient access to multiple major Shopping Centres including Bakewell, Palmerston and Oasis Shopping Village, anchored by leading national operators - Coles, Woolworths, Target, Guzman Y Gomez, Subway and BWS
+Strategic positioning on Temple Terrace, a key arterial road providing seamless connectivity to Darwin's CBD and international airport
+City of Palmerston: Located within a 20 min drive to Darwin CBD, and the fastest growing and second largest city in the Northern Territory with a median age of 31 years
+Net Income: $151,363 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 26 March 2025
River Room, Melbourne Crown Casino VIC
Please contact the exclusively appointed team for more information.
*Approx