Demand for Childcare development sites is driven by labour force participation rates, an increasing population of children aged 14 and under, household discretionary income and government assistance.
Locations for Childcare sites are often sought in areas where permissible zoning exists, is centrally located to places of employment, densely populated residential precincts and include a greater percentage of households where both parents are working full-time.
Becoming more popular are purpose-built assets which incorporate an additional healthcare and social assistance provider. These assets are designed to provide a point of difference, allowing childcare providers to offer additional medical related services.
Below is a snapshot of recent Childcare development site acquisitions.
McGees Property specialises in market value assessments for acquisitions, disposals, financial reporting, SMSF audit and decision making purposes. Should you need any valuation services, please contact
Scott Campbell 0403 165 355 or Owen Thorn 0405 415 645.
*Disclaimer: This article is for general information only and should not be relied on as advice. You should consider your personal situation and seek advice that is specific to your circumstances before making any decisions based on this information. If there are any issues you would like us to discuss with us arising from this article, please contact us*