High-yielding modern childcare asset in Kelso (Bathurst) listed for sale through CBRE

A modern high-performing G8 Childcare Centre in Kelso has been listed for sale through CBRE's Michael Vanstone and Marcello Caspani-Muto.

The 129-place long day care centre is positioned on a prominent 2,560 square metre corner site at 1 Jacks Close and is secured by a 15-year net lease to 2034, with a further 10-year option extending potential tenure through to 2044. The lease features fixed annual rental increases of three per cent and a fully net structure, with the tenant responsible for 100 per cent of all usual outgoings.

The asset generates a net income of $693,147 per annum plus GST, offering investors long-term income security underpinned by one of Australia’s largest and most established childcare operators.

Mr Vanstone said the opportunity would be attractive to investors because of the higher yield on offer and its strong regional location.

“The offering aligned closely with current investor demand for defensive assets backed by essential services and strong demographic fundamentals.

“The childcare industry in Australia continues to demonstrate resilience, supported by population growth in tree changer locations, increases in workforce participation and ongoing demand for early learning,” Mr Vanstone said.

“Assets that combine long lease terms, strong operators and clear catchment growth remain highly sought after.”

Kelso is located within a recognised growth corridor of the Bathurst Local Government Area, which is forecast to experience population growth of 23 per cent by 2041. The centre is situated just 1.3 kilometres from the Laffing Waters urban release area, expected to deliver more than 3,000 new homes and approximately 6,000 new residents, further strengthening local demand for childcare services.

The centre benefits from strong surrounding education infrastructure, with more than 1,600 school-aged enrolments within a two-kilometre catchment and close proximity to Holy Family Primary School. The property’s corner site positioning and modern design further enhance its long-term operational appeal.

Mr Vanstone said regional centres with clear population expansion were increasingly attracting investor attention.

“Investors are looking beyond metropolitan locations to growth regions where fundamentals are clear and competition is limited, and where yields are more attractive” he said. “Kelso presents a compelling combination of lease security, tenant strength and long-term growth.”

The property is being offered for sale via Expressions of Interest, closing at 3pm AEDT on Tuesday 10 March 2026.