You may find this childcare centre in Canberra's north a hot investment

There’s no doubt about the appeal of childcare centres, and that makes any new offering a mouth-watering investor prospect.

That appetite is heightened in the glow of a long lease with options to a top-shelf operator.

This brand-new Watson childcare centre is securely leased to the highly regarded not-for-profit provider, Community Services #1. And by secure, think 15 years with options through to 2045.

Located within the vibrant Norrebro development, the 60-place centre caters to children from nursery through to pre-school.

Set over 443 square metres, the floor plan features spacious, age-designed rooms with access to shared facilities, including bathrooms, craft areas and quiet zones.

Outdoors, a 508-square-metre landscaped play area offers turf zones, sandpits, cubby houses and shaded spaces.

The net income is $252,000 per annum plus GST, while the tenant pays all outgoings along with annual rental increases of three per cent.

Guy Randell of Burgess Rawson says the property stands to deliver strong returns to an investor – and to the community.

“A lease to a NFP sees profits return back into the business and services they provide like cheaper childcare and support to the community,” he says.

“And this opportunity is in an area with high childcare needs.”

Randell says the centre is competitively priced with a guide of $4.2 million to enable more investors to enter the sector.

SOLD - Price Withheld

77/3 Buninyong Street, Watson ACT 2602

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