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'Position-perfect' childcare centre ready for hot sale

If location is everything, then this Sunshine Coast childcare centre to be auctioned this month could be hard to top.

Sanctuary Early Learning in Buderim is "position-perfect” for buyers. Picture: MELISSABRADBURY
Sanctuary Early Learning in Buderim is "position-perfect” for buyers. Picture: MELISSABRADBURY

IF LOCATION is everything, then this Sunshine Coast childcare centre to be auctioned this month could be hard to top.

The Buderim centre, leased to Sanctuary Early Learning, is ideally positioned, directly opposite an IGA anchored shopping centre and just 200m from a McDonald's restaurant.

Licensed for 90 long daycare places, the new, purpose-built centre at 140 Jones Rd occupies a substantial 2643sq m corner site and is leased for 15 years.

It currently returns $247,500 plus GST in annual rent, with 3 per cent annual increases plus "ratchet” provisions and the tenant to pay all outgoings, including land tax.

Burgess Rawson childcare specialist Natalie Couper, who is marketing the property with Adam Thomas, said childcare centres rarely came better located than the Buderim property.

"As far as childcare centres go, it's position perfect,” Ms Couper said.

"It's surrounded by high-quality residential estates, and is only minutes from the heart of both Maroochydore and Mooloolaba.

"Being a new construction, you'll also be able to take advantage of significant tax-saving depreciation benefits.”

Ms Couper said childcare was well and truly back on investors' radars and, with a number of federal election commitments set to benefit operators and the industry as a whole, owners of childcare-leased properties were certain to enjoy a position of strength in the coming years.

The Buderim childcare centre will be auctioned at Burgess Rawson's Investment Portfolio Auction at Crown Casino's River Room at 11am on Wednesday, May 15.

Originally published as 'Position-perfect' childcare centre ready for hot sale

Original URL: https://www.thechronicle.com.au/news/queensland/sunshine-coast/property/positionperfect-childcare-centre-ready-for-hot-sale/news-story/11547a644a6bbbc5c754dab589b625d6