Goodstart, 3 Oldfield Street, Middle Ridge, Qld 4350

Stonebridge is pleased to present Goodstart Middle Ridge (Toowoomba) for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior. 

The asset has the following key investment features:

- Secure 15 year triple net lease to 2035 plus options to 2055 with fixed 3% annual rent increases 

- Goodstart Early Learning – Australia’s largest early learning provider across 654+ locations, 2023 revenue of $1.3Bn* 

- Considerable 2,744 sqm* corner site with 17 on-site car parks and  direct frontage to Spring Street, a major arterial leading to New England Highway (20,811+ vehicles daily) 

- High performing 75 place childcare facility diagonally opposite Middle Ridge Primary School (699+ students) & only 840m* from Highland Christian College (661+ students) 

- Well below market rent providing opportunity for income uplift 

- Ideal childcare location situated in a high density residential catchment and within 3 km* of 10 surrounding schools  

- Convenient childcare position located on a busy roundabout of two main arterials and directly opposite Spar anchored Middle Ridge Village 

- Only 2 minutes’ drive to key retail hub accommodating Woolworths, Coles, Aldi, Kmart, Harvey Norman, The Good Guys, Spotlight, Anaconda, Amart Furniture & Supercheap Auto among a plethora of others 

- Toowoomba - Dynamic South-East Queensland city with strong $11 Billion economy with population to exceed 200,000+ by 2036 

- Triple Net lease – Tenant pays all outgoings including Structural Repairs & Maintenance, Land Tax, Insurance and Management Fees plus 3 month Bank Guarantee  

- Net Income $138,179 pa* + GST 

‘Goodstart Middle Ridge (Toowoomba)’ is for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior. 

Please contact the exclusively appointed Stonebridge property professionals for more information. 

*Approximately

Property Code: 1122