Burgess Rawson is pleased to offer to the market the freehold going concern interest of Jungle Zoo Early Learning Centre located at 2623 Shute Harbour Drive, Mandalay (Whitsundays) QLD for sale via our Auction Investment Portfolio 162.
This opportunity has the following key investment highlights:
+ Unmatched opportunity to acquire a rare freehold going concern childcare centre in a thriving growth region
+ Jungle Zoo ELC: highly successful privately owned early education operator with an average occupancy of circa 94%
+ Impressive 576sqm* purpose-built childcare centre constructed in 2022 and licensed for 88 LDC places
+ Prominently positioned with 137m* of direct frontage to Shute Harbour Drive, the main thoroughfare interconnecting the Bruce Highway with the Airlie Beach CBD
+ Substantial 9,957sqm* site incorporating numerous engaging outdoor activity areas that consist of a waterpark, animal features & detached external structures
+ Enormous development upside with the potential to expand the centre to 140 LDC places (STCA) with parking for 36 vehicles already on site
+ Conveniently located within 3km* of the Airlie Beach CBD with access to numerous retail amenities including Jubilee Central, Airlie Beach Central and Whitsunday Shopping Centre, anchored by Woolworths, IGA, Coles & supported by various specialty retailers
+ Whitsunday Region: significant growth corridor of North Queensland, with a resident population forecast to grow at an average annual rate of 2.3%^
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^^
+ Highly profitable centre with minimal competition in the local catchment
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 3 August 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^ Whitsunday Regional Council
^^Australian Government – Department of Education | Child Care Subsidy Reform