Exciting Opportunity: Childcare Centre Listed for Sale
A recently developed Goodstart Childcare facility located in Griffin, Brisbane has just hit the market, creating a buzz among property investors and families alike. Listed for sale via the Stonebridge Property Group, this centre represents a prime investment opportunity in one of Brisbane's most rapidly expanding residential areas.
Location Matters: The Griffin Advantage
Occupying a strategic location at 60 Wesley Road, this centre is positioned directly opposite the Griffin State Primary School. With growth projections indicating a population surge of over 60% in the suburb by 2046, the demand for quality childcare is set to follow suit. The local school, which has recently undergone a $22 million expansion, continues to attract young families, reinforcing the need for reliable childcare services in the area.
Strong Childcare Demand: A Bright Future
Griffin currently exhibits a childcare demand ratio of approximately 3.3 children for every available spot, ensuring that the Goodstart center, featuring 110 places, will be well utilized. This demand, coupled with the ongoing developments in the vicinity—including a forthcoming Woolworths-anchored shopping center—further solidifies Griffin's status as a promising investment opportunity.
Long-term Stability: A Secure Investment
The purpose-built facility, which was completed in 2021, is secured by a substantial 15-year net lease to Goodstart Early Learning, lasting until 2035, with options to extend up to 2055. This arrangement presents investors with long-term income stability, making this listing exceptionally appealing in a competitive market.
Competitive Market Insight: Why Now?
Properties like this one are rare in the current market, as articulated by Stonebridge Partner Tom Moreland. The early learning sector has seen continuous interest from investors, leading to an active market for premium assets in South East Queensland. This aligns with reports of consistent demand for childcare centers across the region, making now an ideal time for investors to act.
Join the Auction: Details You Need to Know
The property will be offered at a National Portfolio Auction on Wednesday, March 25, at 11 am AEDT. Interested buyers and investors are encouraged to take note of this date, as such opportunities are few and far between in today's market.
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