Burgess Rawson cements market leadership in childcare investments
Throughout the challenges of 2020, one thing remained steadfast – childcare property investment.
The childcare sector remained resilient, resulting in strong sales and yield compression across Australia.
“Another clean sweep for childcare at our final Portfolio Auction for 2020 with two properties sold well above reserve”
In 2020, Burgess Rawson achieved:
- 41 childcare properties sold
- $162 million combined value
- 100% success rate at auction
Clean sweep at auction yet again
Another clean sweep for childcare at our final Portfolio Auction for 2020 with two properties sold well above reserve – Imagine Childcare at Cranbourne West and Mayfield Childcare at Melton.
Mayfield Childcare sold for $2.641 million achieving a yield of 5.87%.
The Imagine Childcare investment sold for $6.91 million with a yield of 5.58%. This is both the highest price and the lowest yield for any childcare centre located in Melbourne’s growth corridors for the entire 2020.
A fantastic result for the team and demonstrates yet again that Burgess Rawson is the market leader in childcare investment across Australia, also selling more centres than all agents combined.
We are already gearing up for a large first Portfolio Auction for 2021 with a big line-up of premium childcare investments.
Join us on Wednesday 24 February 2021 at Crown Casino Melbourne for our next event.
To discuss your childcare investment goals, please contact our market leading team.