Kool Beanz SUNS Childcare, 86 Juliet Street, South Mackay, Qld 4740

CBRE are pleased to present to the market Kool Beanz SUNS Harrup Park located at 86 Juliet Street, South Mackay QLD 4740 for sale via Investment Portfolio Auction 186.

The opportunity has the following investment highlights:
 
+ Brand new fifteen (15) year net lease to Kool Beanz SUNS Harrup Park to 2041, plus two (2) further ten (10) year options to 2061
+ Kool Beanz SUNS Harrup Park: Joint venture with the Gold Coast Suns Football Club and Kool Beanz Academy – a premium early education provider with sixteen (16) centres nationally
+ The centre is underpinned by 100% occupancy with an extensive waitlist, illustrating strong tenant performance and customer demand
+ Compounding income growth via fixed 3.50% annual rental increases
+ Landlord-favourable net lease structure with Kool Beanz responsible for 100% of outgoings, including land tax
+ Purpose-built 94 LDC place two-storey centre constructed in 2024 with landlord-owned playscape and external structures, offering the purchaser enormous tax saving depreciation benefits
+ Expansive 2,314sqm* corner landholding, 650m* from St Mary's Primary School (400 enrolments) and St Patrick's College (1000 enrolments), and 1km* from Mackay State High (1200 enrolments) (2)
+ Under-supplied childcare location (South Mackay), with a ratio of 3.2 children (0 - 5 years old) per 1 LDC Place (2)
+ Prized education and residential precinct featuring 35,000+ residents*, 13 schools* and 4,500* students within a 5km* radius (2)
+ Established commercial catchment with various national retailers including McDonald's, KFC, Woolworths, IGA, Coles, Chemist Warehouse, Subway, and Domino's within 3km* (2)
+ Strategically positioned 3km* from Mackay Airport and directly across from Harrup Park Sporting Club, which serves over 22,000 members across 61 affiliated clubs and is undergoing a $50 million Stage 2 redevelopment, with $23.5 million committed through the Queensland Government.
+ Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25/26, including $3.6 billion to support wages and $1 billion to expand access in underserved areas (3)
+ 3-day guarantee for childcare introduced 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia (3)
+ Mackay: One of Queensland's fastest-growing LGA's with population forecast to increase 25% to over 160,000 by 2041 (4)
+ Net Income: $390,100 pa* + GST
 
For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information
 
*Approx
 
(1) ACECQA
(2) GapMaps
(3) Queensland Government
(4) Australian Bureau of Statistics