Burgess Rawson from CBRE is pleased to offer to the market Goodstart Early Learning, located at 7-9 Pamela Street, Mornington (Mt Isa) QLD, for sale via Investment Portfolio Auction 180.

This opportunity has the following key investment highlights:

+ Long sixteen (16) year net lease to July 2033
+ Two (2) further ten (10) year options to 2053
+ Triple net lease – tenant pays 100% of outgoings including land tax, all repairs & maintenance and structural capital expenditure
+ 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
+ Current rental below market value with the next market review in July 2028, offering opportunity for significant rental uplift
+ Exceptional annual increases to the greater of fixed 2.5% or CPI reviews (capped at 6%)
+ Purpose-built and well-maintained 74 LDC place childcare facility with 16 on-site car spaces and recent capital upgrade
+ Strategic 2,023sqm* site in a location well-supported by complementary childcare and educational services, surrounded by 13 schools within a 3km radius* and only 250m* from Mt Isa Hospital^
+ Conveniently located only metres from Mount Isa Town Centre, with major retail amenities anchored by national retailers including Bunnings, Coles, KFC, Kmart, McDonald’s and Woolworths
+ Mount Isa: under-supplied childcare location, with a ratio of 3.93 children (0-5yr old) to 1 LDC place^
+ Mount Isa Regional Council: the largest economic, logistics and service centre of Northern Australia with an annual economic output of $8.895 billion^^
+ Childcare/Early Education is an essential service asset class with both Federal & State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas
+ Net Income: $162,552 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 October 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed team for more information.

* Approx.
^ Gapmaps
^^ Forecast.Id