231 Hamilton Road Wavell Heights QLD 4012

Burgess Rawson is pleased to offer to the market Goodstart Early Learning Wavell Heights (Brisbane) at 231 Hamilton Road, Wavell Heights (Brisbane) QLD for sale via our Investment Auction Portfolio 174.

This opportunity has the following key investment highlights:

+ Long 15 year triple net lease to 2035 plus 2 x 10 year options to 2055
+ 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**
+ Triple net lease tenant pays 100% of outgoings including land tax, all R & Ms, and structural capital expenditure
+ 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 with close proximity to Westfield Chermside that contains 480 retailers, parking for 7,200 vehicles and 176,465 sqm* of floor space and experiences over 17.3 million annual customer visits***
+ Modern 75 LDC place centre with expansive outdoor play scapes
+ Strategically 2,322sqm* main road corner site with 95m* of valuable dual street frontage to Hamilton Road and Newman Road.
+ Wavell Heights: highly sought after inner-city Brisbane suburb 9km* from Brisbane CBD
+ Net Income: $153,303 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 18 February 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
** Goodstart Annual Report
*** Scentregroup.com