Share this property

realcommercial.com.au
CBRE - QLD

7-9 Pamela Street Mornington, QLD 4825

Directions

7-9 Pamela Street,
Mornington, QLD 4825

Medical & Consulting • Shops & Retail • Other

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - QLD
Adam Thomas

CBRE - QLD

Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - QLD
7-9 Pamela Street
Mornington, QLD 4825

Map of 7-9 Pamela Street

Directions

Long-Established Childcare Investment | Triple Net Lease to 2033 + Options

  • Triple net lease to 2033
  • Goodstart: 660+ centres
  • Min 2.5% annual rent increases
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

Explore property virtually

Video

Mornington, 4825 demographic data

1,846
Population
$1,925 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
CBRE - QLD
Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

More properties from CBRE - QLD

Other properties you might be interested in based on the location and property type you are looking at.