Burgess Rawson experts Guy Randell and Michael Vanstone market two high-quality early education centres located 35 Lhotsky Street Charnwood and 56 Yarrawonga Street Ngunnawal for sale.
Burgess Rawson has been exclusively appointed to sell two high-quality early education centres in Canberra, with a combined value expected to reach $20 million. These assets, located in Charnwood and Ngunnawal, are tenanted by Edge Early Learning, a national operator with a network of over 65 centres.
Burgess Rawson’s Managing Director in Canberra, Guy Randell commented, "These premium childcare assets in Canberra represent a rare opportunity to secure high-quality investments backed by a leading national operator.
"With record-breaking childcare sales in recent months, Canberra has solidified its reputation as a long term, secure investment option. The ability to fully write off stamp duty in the first year enhances returns, delivering more accurate yields for an investment portfolio."
Burgess Rawson Childcare Director, Michael Vanstone, said that with long-term leases, structured rental increases, and strategic locations in growing suburbs, these properties are designed to deliver both stability and capital growth.
Mr Vanstone said the properties feature in one of Burgess Rawson’s largest Portfolio Auction events with more than $50 million of early education assets on offer in December.
The Charnwood property, located at 35 Lhotsky Street, is a recently constructed 158-place childcare facility in the Belconnen district. It features a 15-year net lease with options extending to 2057, generating a net income of $621,402 per annum plus GST. Annual rental increases of 3.5 per cent enhance its appeal to investors. Belconnen, with a population growth projection of 8.3 per cent by 2041, offers strong long-term investment potential.
In Ngunnawal, the 115-place facility at 56 Yarrawonga Street provides a similar opportunity. Also recently constructed, it operates under a 15-year net lease with options to 2057, delivering a net income of $494,857 per annum plus GST. Located in the Gungahlin district, which is expected to grow by 15 per cent by 2041, this property is positioned in a sought-after residential area with strong community ties.
Both properties feature state-of-the-art facilities tailored to early education, including age-specific indoor spaces and engaging outdoor play areas.
Edge Early Learning has rapidly expanded since its establishment in 2017, providing childcare services to over 12,000 children across Queensland, South Australia, and the ACT, making it a secure tenant for long-term investment.
Both properties will be auctioned as part of Investment Portfolio Auction 173 at 10:30 am AEDT on Tuesday, 10 December 2024, at the Yallamundi Rooms, Sydney Opera House.