Goodstart, 34-36 Colorado Drive,
Blue Haven, NSW 2262

Burgess Rawson is pleased to offer to the market 34-36 Colorado Drive, Blue Haven NSW, a Goodstart leased childcare for sale via our Investment Portfolio Auction 163.

This investment has the following key investment highlights:

+ Rare triple net lease to 2027 plus a further 5 year option to 2032
+ Goodstart Early Learning: Australia’s largest early education provider with 660 centres nationally
+ Triple net lease structure - Tenant pays 100% of outgoings incl. Management Fees, Repairs & Maintenance and Structural Capex
+ Lease secured by Bank Guarantee equivalent to 6 months’ Rent and Outgoings (plus GST)
+ Strong rental uplift from below market rental ($2,049/place) and uncapped CPI rent reviews
+ Popular 70 LDC place centre rated 'Exceeding' NQS^
+ Large 1,881sqm* landholding with dual street access.
+ Located directly opposite Blue Haven Public School, providing education to 650** students
+ Blue Haven: high growth area surrounded by young families and undersupplied for childcare places
+ Land Tax free commercial investment
+ Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes; both the Federal and State Governments have allocated unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^
+ Net Income: $143,419 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 12 September 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
**Gapmaps webportal
^National Quality Standard - Childcare
^^Australian Government - Department of Education | Child Care Subsidy Reform