Childcare Property Market

For commercial property players, there’s plenty to like about the new federal budget, which will boost the childcare, healthcare and industrial sectors, encourage planning reform and prove our fiscal strength to overseas investors, experts say.

The budget provides targeted relief to those who need it most, with a focus on housing, improving access to childcare and healthcare.

A standalone McDonald’s with price expectations above $2.5 million is already attracting strong buyer interest ahead of Stonebridge’s October portfolio auction next week.

‘A genuine opportunity’ to get into the childcare industry is being offered for willing operators via the inducement of free rent and $1m in refurbishments.

When it comes to who buys what in the world of commercial real estate, different buyer types are typically associated with different assets.

A property in a popular pocket of the north shore has sold with development approval to be transformed into a new childcare centre.

Commercial agency Burgess Rawson witnessed a ”flight to quality” across its three-day portfolio auction this week, with investors turning to the tried and tested childcare, retail and medical assets.

Australia’s childcare sector is under growing pressure as both Covid and influenza slash staffing levels to new lows – but the government says it has a plan.

A KFC in NSW sold on what’s believed to be a record low yield – 2.89% – and buyers continued to show an interest in childcare assets at the Stonebridge national portfolio auction yesterday.