Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Net income $143,870 p.a. + GST
  • Triple-net terms – tenant pays all outgoings
  • Purpose-built 66-place childcare centre
  • Long lease to Goodstart Early Learning
  • 3% annual rental reviews + market review 2030
  • Land area 1,444 m² in high-growth Success

Executive Summary

Sterling Property proudly presents the freehold interest in ‘Goodstart Success’, located at 8 Joindre Way, Success WA — a rare offering within Australia’s most resilient essential-service asset class: childcare. Anchored by Goodstart Early Learning, the nation’s largest operator with 677 centres nationally, this property represents a premium long-term investment secured by a 20-year lease to 2040 with options extending to 2060.
Features include:
Net income of approximately $143,870 per annum + GST, supported by 3% annual rent uplifts creating guaranteed income growth.
Triple-Net Lease, ensuring zero landlord expense risk as the tenant assumes responsibility for all outgoings including structural.
Purpose-built 66-place childcare centre designed to the latest compliance standards on a 1,444 m² landholding with underlying reversionary uplift potential.
Located adjacent to Jandakot Primary School and exposed to Hammond Road (10,000+ vehicles/day) within a rapidly appreciating residential corridor where childcare demand remains undersupplied.
This asset is further underpinned by significant federal and state funding allocations exceeding $16 billion in FY25, reinforcing the sector’s long-term viability. The next market review scheduled for 2030 enables reversionary uplift from the current under-market rental benchmark.
This is a true set-and-forget essential-service investment opportunity within a demographic hotspot achieving double-digit capital growth over the past 12 months.
Offers Invited — Closing 2pm AWST, 9 June 2026 (unless sold prior).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,597 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.36 AC
Parking
10 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
134’ on Hammond Road

Amenities

  • Air Conditioning
  • Awning
  • Listing ID: 40840960

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: 8 Joindre Way, Success, WA 6164

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}