Burgess Rawson kicks off 2024 portfolio auctions with selection of ECEC freeholds on offer
Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed its first portfolio auctions for 2024 will be held on 20 and 21 February.
“We are pleased to be back after a successful 2023 and are now squarely focused on delivering results for our clients on both sides of the ledger in 2024,” Adam Thomas, Burgess Rawson Managing Director Queensland said.
“The interest rate driven headwinds that have faced all asset classes in Australia over the last eighteen months are still very much present but recent benign inflation data as well as the RBA holding rates steady for another month, suggests we are much closer to the end of the cycle than the beginning.”
“To think that ECEC freehold yields have hardly backed up during this period is quite remarkable and testament to the extraordinary resilience we have seen in this space to date and underlines its strong prospects going forward,” he added.
This month’s freeholds on offer, alongside a selection of freeholds offered via EOI are as follows:
Sydney Auction 20th February 2024:
Taylor, ACT – 110 place centre leased to Wonderschool
Melbourne Auction 21st February 2024:
Byford, WA – 37 place centre leased to Busy Bees Australia
Byford, WA – 47 place centre leased to Busy Bees Australia
Expressions of interest:
Logan Reserve, QLD – 140 place centre leased to Believe Early Education
Montmorency, VIC – 110 place centre leased to Nino Early Learning Adventures
Mount Samson, QLD – 75 place centre leased to Sparrow Early Learning
Kalinga, QLD – 33 place centre leased to Three Peas Creche
Bidding is available via phone, online or in-person at Burgess Rawson’s auction rooms at the Sydney Opera House on 20th February and the Crown Casino Melbourne on 21st February.
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