Childcare operator secures lease in purpose built Canberra centre

Premium childcare operator Harbour Early Learning is expanding its services in ACT after securing a lease at a purpose-built centre in the Canberra suburb of Gungahlin.

CBRE’s Australian Healthcare Social Infrastructure team, led by Sandro Peluso, Marcello Caspani-Muto, and Jimmy Tat managed the lease negotiation.

Mr Caspani-Muto noted the deal was secured despite the centre being situated in a suburb with a childcare demand ratio close to 0:5—significantly below Australia’s average of 2:3.

“Successfully leasing this centre against significant headwinds is a testament to our team’s ability to deliver results in any market condition. Quality assets in strategic locations continue to draw attention from reputable providers. The building still presents in very good condition and has been impeccably maintained by the owner meaning it will be well suited for another long-term run of success with Harbour ELC,” Mr Caspani-Muto added.

Located at 5 O’Brien Place, the property features a modern, two-level building with indoor and outdoor play areas across its 1,050 sqm footprint. Well-maintained and fully fitted for 65 childcare places, the centre is strategically positioned close to key retail and medical amenities, multiple schools, and excellent transport links.

Mr Peluso added, “Nationally, we continue to see good levels of demand for existing centres that maintain a good standard and functional floor plates. Value is enhanced further when there is an existing service approval transfer possible with experienced providers. This expedites the timeline of fit out and operation and will allow the incoming tenant to promote their new service prior to the Christmas break and leverage new enrollments for 2026.”