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8 Joindre Way 5,597 SF Retail Building Success, WA 6164 For Sale



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).
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
1 of 9
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8 Joindre Way
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