The CBRE Australian Healthcare & Social Infrastructure team of Sandro Peluso, Jimmy Tat, Marcello Caspani-Muto, Michael Hedger and Will Carman has exclusively listed one of Brisbane’s newest large format childcare centres for sale among the backdrop of surging construction costs and land prices in the area. Chauvel Capital, a Sydney-based Fund Manager, has listed a 206 place childcare centre at Kallangur for sale with a price expectation of over $12 million.
With an impressive increase of 55% in median house over the past five years, Kallangur has emerged as one of Australia’s most sought-after locations. The brand-new childcare centre, completed in June 2023, will be offered through an expressions of interest campaign, closing on Tuesday 5th September.
Situated on a substantial corner landholding of 4,276 sqm*, this premium asset promises undeniable future capital growth. The property boasts well-designed indoor and outdoor areas, equipped with state-of-the-art facilities catering to the evolving needs and demands of Queensland’s childcare sector. Handling the sale of this impressive asset are CBRE’s Jimmy Tat, Sandro Peluso, Marcello Caspani-Muto, Michael Hedger, and Will Carman.
The centerpiece of this exceptional childcare investment is the design by its forward thinking tenant occupier, LEAD Childcare, who have integrated traditional early education program with other income generating family friendly services. These services include dedicated spaces for before and after school care and transport for siblings and a state of the art swimming center and safety program for all the families attending the center, taking this childcare center and its operator to the next level.
Jimmy tat said, “100 Cecily Street will undoubtedly become Queensland’s most iconic childcare centers to hit the market in a long time. We anticipate investors will recognize the significant effort put into creating a centre of such magnitude, providing exceptional services to one of Queensland’s high-growth communities. The accompanying swimming pool further enhances its appeal and providing a will certainly be viewed favourably by prospective buyers.”
Operated by the reputable LEAD Childcare, 100 Cecily Street, Kallangur, benefits from its association with a Queensland powerhouse operator boasting over 15+ centres in high-growth areas and a stellar reputation amongst parents.
Sandro Peluso highlights the centre’s tremendous value, stating, “The reinstatement cost for this centre is a major advantage that investors will appreciate. With escalating land acquisition and construction expenses, replicating a centre of this calibre in today’s economy would require significant over expense. 100 Cecily Street, Kallangur presents a low-risk opportunity with minimal CAPEX expenditure, appealing to investors seeking sound assets.”