Kallangur’s newest childcare centre for sale

Chavel Capital, a Sydney-based Fund Manager, has listed Kallangur’s newest childcare centre for sale with a price expectation of circa $12 million. 

Located at 100 Cecily Street, the childcare centre opened in June 2023 and is operated by LEAD Childcare, which manages 15 centres in Queensland. 

The 4,276 sqm site includes a swimming pool that is available to all the families attending the centre. 

CBRE’s Sandro Peluso, Jimmy Tat, Marcello Caspani-Muto, Michael Hedger and Will Carmen are managing the sale via an Expression of Interest campaign closing September 5, 2023. 

“We’re anticipating that investors will recognise the significant effort put into creating this childcare centre,” Mr Peluso said. 

“100 Cecily Street offers a low-risk opportunity with minimal CAPEX expenditure. The reinstatement cost for this centre is a major advantage that investors will appreciate. With escalating land acquisition and construction expenses, replicating a centre of this calibre in today's economy would require significant over expense.”