Property Listings – QLD
Two Existing privately owned & operated Brisbane Metropolitan Childcare Centres NORTH BRISBANE CHILDCARE PORTFOLIO SAVILLS ARE SELLING 26 PROGRESS PDE, ALDERLEY & 29 BYTH ST, STAFFORD. Savills are offering the two (2) existing, privately owned and operated childcare centres for sale on a vacant possession basis at settlement. Offers are invited on each individual property or the two (2) combined. Limited risk of future competition within the immediate catchment.
Metropolitan locations with average incomes above both the Queensland and Australian average.
Childcare services are supported by Child Care Subsidies offered by the Australian Government.
Higher government expenditure on the childcare sector, increased fees and rising enrolment numbers underpins the current growth and momentum in the childcare sector.
Revenue for the Child Care Services industry is expected to increase at an annualised 2.1% over the five years through 2021-22, to $13.7 billion.
Childcare services were declared an essential service by the Australian Government. As a response the sector was the recipient of a $2.6 billion ‘COVID-19 Response Package - child care’ funding package designed to support the continued viability of the sector and to ensure childcare facilities remained open to essential workers.
Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games.
Josh Baker 0404 007 766 jobaker@savills.com.au
Robert Dunne 0418 888 840 rdunne@savills.com.au
62 –June / July 2022
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