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Burgess Rawson September auctions set to break records with 13 ECEC sites on offer
Jason Roberts
Aug 31, 2021
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Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed its next portfolio auctions will see a record thirteen ECEC centres offered for sale.
The events will be held over three consecutive days across three states to accommodate the size of the overall portfolio of 61 commercial assets to be sold, of which ECEC centres make up just over 20 per cent.
Properties in Victoria, Tasmania and South Australia will be auctioned on 28 September, Queensland on 29 September and New South Wales on 30 September.
“In our 46 years of operation, Burgess Rawson has never presented a portfolio auction of this magnitude,” National Head of Agency, Adam Thomas said, “Investors who typically would have channeled their funds into the share market or residential sector are seeing greater stability, and sustainable levels of growth, in commercial assets, including child care centres.”
“It is our expectation that over 30,000 investors are expected to tune into the entirely virtual three day event and we are very excited about the prospects for all of the properties presented.”
The diverse range of ECEC centres offered for sale across the three auctions come from five different states and are tenanted by a mix of listed and high quality ECEC operators and are listed as follows:
Melbourne Auction
120 licence place centre in Angle Vale, South Australia currently leased to Where We Grow Early Learning
75 licence place centre in Strathalbyn, South Australia currently leased to Where We Grow Early Learning
128 licence place centre in Bulleen, Victoria currently leased to Kids Club Early Childhood Learning
38 licence place centre in Lilydale, Victoria currently leased to Lakeview Kindergarten & Childcare
Brisbane Auction
75 licence place centre in Banyo, SE Queensland currently leased to Creative Garden Early Learning (G8 Education)
140 licence place centre in Bentley Park, SE Queensland currently leased to Sanctuary Early Learning
55 licence place centre in Caboolture South, SE Queensland currently leased to Cooinda Early Learning
75 licence place centre in Nerang, SE Queensland currently leased to Genius Childcare
Sydney Auction
68 licence place centre in Hammond Park, Western Australia currently leased to Buttercups Childcare and Early Learning
110 licence place centre in Murwillumbah, New South Wales currently leased to Petit Early Learning Journey
130 licence place centre in Pitt Town, New South Wales currently leased to Papilio Early Learning (Affinity Education)
48 licence place centre in Turramurra, New South Wales currently leased to Handprints Early Learning Centres
72 licence place centre in Umina, New South Wales currently leased to Milestones Early Learning (Affinity Education)
The auctions will be held remotely (pending any changes to lockdown restrictions) with bidding available online, via phone or in person at offices not impacted by COVID restrictions. For further details visit burgessrawson.com.au or call 9613 0400.
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