Property
Economics
Burgess Rawson’s upcoming portfolio auction features five high quality ECEC centre freeholds
Jason Roberts
Mar 21, 2023
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Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed that its second portfolio auction of 2023 will feature five high quality freeholds across three states and territories.
“2023 has started well for essential service assets with continued demand having been maintained throughout the recent historic upwards moves in interest rates,” Adam Thomas, Burgess Rawson Managing Director Queensland said.
“The resilience of the ECEC sector’s freeholds is an excellent example where the desire to own strong tenure, long duration leaseholds has more than outweighed short term cost of capital concerns.”
“With evidence beginning to mount that interest rates may be close to a peak we anticipate demand to step high once again and look forward to the outcomes of next week’s auction.”
“In our first auction of 2023 we will be offering five high quality, long tenure and well located ECEC centres for sale. We anticipate demand to be robust and will look forward to sharing the results after the event.”
Burgess Rawson’s 159th portfolio auction will take place across three locations on the 28, 29 and 30 of March.
Sydney Auction 21st February 2023:
Taylor, ACT – 80 place centre leased to Taylor Early Learning Centre
Melbourne Auction 22nd February 2023:
Palmyra, WA – 92 place centre leased to Nido Early School
Brisbane Auction 23rd February 2023:
Woodford, QLD – 104 place centre leased to Oak Tree Academy
Robina, QLD – 122 place centre leased to Affinity Education Group
Rochedale South, QLD – 85 place centre leased to Guardian Childcare
Bidding is available via phone, online or in-person at Burgess Rawson’s auction rooms at the Sydney Opera House on 28 March, Crown Casino Melbourne on 29 March and the Hilton Brisbane on 30 March.
For further details visit burgessrawson.com.au or call 03 9613 0400.
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