8 Joindre Way, Success, WA, 6164

Sterling Property is pleased to present the freehold interest in ‘Goodstart Success’, located at 8 Joindree Way, Success WA, For Sale by Offers Invited Closing 2pm (AWST) 9th June 2026 (unless sold prior).

This opportunity represents a secure, long-term childcare investment underpinned by a 20-year lease to Goodstart Early Learning, Australia’s largest childcare provider, with a rare triple net lease structure.

KEY INVESTMENT HIGHLIGHTS

🔹 Secure 20-year lease to 2040 plus options to 2060

🔹 3% annual rent increases providing built-in growth

🔹 Purpose-built 66-place childcare centre

🔹 Leased to Goodstart Early Learning (677 centres nationally)

🔹 Rare triple net lease – tenant pays all outgoings incl. structural

🔹 1,444sqm site with strong underlying land value

🔹 Success Median house price approx. $925,000 with 14.2% growth

🔹 Currently under rented in today’s market, with reversionary rental upside via market review in 2030

🔹 Adjacent to Jandakot Primary School

🔹 Prominent position with exposure to Hammond Road (10,000+ vehicles passing daily)

🔹 Currently under rented in today’s market, with reversionary rental upside via market review in 2030

🔹 Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas

🔹3-day guarantee for childcare introduced 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia

🔹 Net Income: $143,870 pa + GST + outgoings

For further information or to arrange an inspection, please contact the exclusive selling agents at Sterling Property.

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