Burgess Rawson June auction details confirmed, six ECEC centres listed

Burgess Rawson June auction details confirmed, six ECEC centres listed

by Jason Roberts

May 28, 2021

Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed its next portfolio auction will see six ECEC centres offered for sale.

 

The auction, to be held on 23 June will be the fourth held this year and is expected to continue the strong run of results experienced thus far in 2021. 

 

Burgess Rawson Director and Child Care specialist Adam Thomas said the childcare investment market has started the calendar year with record results and yield compression, noting that  while childcare investment has been traditionally seen as a specialist asset class, experienced commercial investors are increasingly looking at childcare, driving even more demand in the first quarter.

 

The following centres will feature in the auction:

 

120 licence place centre in Belmont, VIC currently leased to Elements Childcare and Early Learning

 

81 licence place centre in Glen Huntly, VIC currently leased to Evolve Education Group 

 

99 license place centre in Hamilton Hill, WA currently leased to Genius Early Learning 

 

95 licence place centre in Ocean Grove, VIC currently leased to G8 Education Ltd

 

112 licence place centre in Sunbury, VIC currently leased to Gumboots Early Learning

 

130 licence place centre in Toowoomba City, QLD currently leased to Genius Early Learning

 

The auction will be held at the Crown Casino Melbourne and the Hilton, Melbourne from 10:30am EDT on 23 June 2021.  

 

For further details visit burgessrawson.com.au or call 9613 0400.

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