26 Progress Parade Alderley QLD 4051

Savills are selling 26 Progress Pde, ALDERLEY & 29 Byth St, STAFFORD

Savills are offering the two (2) existing, privately owned and operated childcare centres for sale on a vacant possession basis at settlement.

26 Progress Parade ALDERLEY is an existing, operating 750sqm childcare centre with an approved license for 105 children. Onsite car parking is provided for 7 vehicles* on a land area of 2,165sqm*.

29 Byth Street, STAFFORD is an existing, operating 340sqm childcare centre with an approved license for 82 children on an 804 sqm* corner site.

Offers are invited on each individual property or the two (2) combined.

This listing showcases 26 Progress Parade, Alderley. If interested in both properties please contact Robert 0418 888 840 and Josh 0404 007 766.

The highlights are as follows:

- Limited risk of future competition within the immediate catchment.

- Metropolitan locations with average incomes above both the Queensland and Australian average.

- Childcare services are supported by Child Care Subsidies offered by the Australian Government.

- Higher government expenditure on the childcare sector, increased fees and rising enrolment numbers underpins the current growth and momentum in the childcare sector.

- Revenue for the Child Care Services industry is expected to increase at an annualised 2.1% over the five years through 2021-22, to $13.7 billion.

- Childcare services were declared an essential service by the Australian Government. As a response the sector was the recipient of a $2.6 billion 'COVID-19 Response Package - child care' funding package designed to support the continued viability of the sector and to ensure childcare facilities remained open to essential workers.

- Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games.