33 Williams Street Redcliffe QLD 4020

Burgess Rawson is pleased to offer to the market Goodstart Early Learning Redcliffe (Brisbane) at 33 Williams Street, Redcliffe (Brisbane) QLD for sale via our Investment Auction Portfolio 174.

This opportunity has the following key investment highlights:

+ Long 20 year triple net lease to 2040 plus 2 x 10 year options to 2060
+ 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 April 2025
+ Prime location with close proximity to Redcliffe Hospital and major Shopping Centre's Kippa-ring and Peninsula Fair anchored by Coles, Woolworths, Kmart & Dan Murphy's.
+ Established 45 LDC place centre
+ Strategic 1,707sqm* corner site with over 75m* of dual street frontage
+ Moreton Bay: 30 mins to Brisbane CBD, one of Australia's fastest growing regions with the population set to grow 95% to 934,000+ by 2046***
+ Net Income: $110,159 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
*** Moretonbay.qld.gov.au