Burgess Rawson presents eight ECEC freeholds and two development sites in upcoming May auctions

Early childhood education and care (ECEC) real estate and business broker Burgess Rawson will present eight freeholds and two development opportunities at its upcoming portfolio auction campaign to be held over the 10, 11 and 12 May 2022. 

Burgess Rawson National Head of Agency Adam Thomas said with the sheer number of child care properties and developments available, it is hardly surprising there has been interest from every State of Australia and overseas. 

“The fundamentals of investing in a child care property are such that where you live doesn’t matter. You have a solid tenant, and substantial Federal Government support for the sector, so more and more people are viewing a childcare property as a safe, secure, long-term and lucrative investment.”

The sites in the upcoming auctions are:

Sydney auction 10 May 2022:

• 84 license place centre in Coffs Harbour, NSW leased to Petit Early Learning
• 90 license place centre in Cowra, NSW leased to Goodstart Early Learning
• 27 license place centre in Albion Park, NSW leased to Albion Park Early Learning

Melbourne auction 11 May 2022:

• 75 license place centre in Glenroy, VIC leased to Busy Bees Early Learning Australia
• 50 license place centre in Ararat, VIC leased to Ararat Childcare and Kinder Retreat
• 142 license place centre in Langwarrin, VIC leased to Platypus Junction Early Learning

Brisbane auction 12 May 2022:

• 75 license place centre in Mackay, QLD leased to Goodstart Early Learning
• 53 license place centre in Little Mountain, QLD leased to Goodstart Early Learning

Expressions of interest for development sites:

• 108 license place centre in St Marys, NSW to be leased to Montessori Academy
• 99 license place centre in Rothwell, QLD

Mr Thomas also noted the broad range of interest from interstate buyers was a powerful trend in recent auctions and expected it to continue in the months ahead. 

“We often have the phenomenon where someone expresses great interest in a particular childcare property in their own State, but if they are outbid on that one they then turn their attention to an interstate child care development,” he says.

All auctions will kick off at 10.30am at the following venues; Sydney Opera House, Melbourne Crown Casino and the Brisbane Hilton with bidding online also available. 

To learn more about the upcoming auctions please click here.