Burgess Rawson offers five freeholds for sale in last auction of 2023

Early childhood education and care (ECEC) commercial real estate broker Burgess Rawson’s last portfolio auction event of 2023 will commence on 6 December, with five freeholds offered for sale. 

“2023 has been a great year for essential service assets of which the early childhood education and care (ECEC) sector continues to be the star performer,” Adam Thomas, Burgess Rawson Managing Director Queensland said. 

“Quality tenants, strategic locations, long leases, and secure rental returns continue to attract buyers of all types and when taking into account the unprecedented rise in interest rates, yields have been very impressive.”

“With five high quality centres located in premium locations on offer in our portfolio auction #165 we are confident we will be ending the year on a strong note.”

December portfolio #165 ECEC sites are as follows:

Sydney Auction 5 December 2023: 

Tempe, NSW – 69 place centre currently leased to Reggio Emilia 

Gladesville, NSW – 105 place centre currently vacant    

Tahmoor, NSW – 152 place centre leased to Next Step Childcare  

Throsby, ACT – 92 place centre leased to 360 Early Education    

Melbourne Auction 6 December 2023:

Rowville, VIC – 76 place centre leased to Discovery Bay Early Learning  

Bidding is available via phone, online or in-person at Burgess Rawson’s auction rooms at the Sydney Opera House on 5 December and the Crown Casino Melbourne on 6 December.