Burgess Rawson kicks off 2023 with its first portfolio auction featuring six ECEC centres

Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has confirmed its first portfolio auctions for 2023 will be held towards the end of February as it seeks to sustain momentum generated towards the end of last year.

“2022 was an incredible year for essential service assets such as ECEC centres which, despite serious concerns around the trajectory of interest rates and waning demand, closed out the year very strongly,” Adam Thomas, Burgess Rawson Managing Director Queensland said.

“As we look ahead to 2023 we have been encouraged by the interest expressed across our network of purchasers in ECEC assets. It seems that despite interest rate increases and concerns over a slowing economy there is still strong underlying demand for these recession-proof centres.”

“In our first auction of 2023 we will be offering six high quality, long tenure and well located ECEC centres for sale. We anticipate demand to be robust and will look forward to sharing the results after the event.”

Burgess Rawson’s 158 the portfolio auction will take place across three locations on the 21st, 22nd and 23rd of February. The following sites are included in the auctions:

Sydney Auction 21st February 2023:

Lake Cathie, NSW – 90 place centre leased to Oz Education   

Belfield, NSW – 54 place centre leased to Oz Education

Melbourne Auction 22nd February 2023:

Baldivis, WA – 65 place centre leased to The Family Tree 

Seacombe Gardens, SA – 104 place centre leased to Guardian Childcare & Education

Brisbane Auction 23rd February 2023:

Burpengary, QLD – 100 place centre leased to Imaginarium Early Learning

Bidding is available via phone, online or in-person at Burgess Rawson’s auction rooms at the Sydney Opera House on February 21, Crown Casino Melbourne on February 22 and the Hilton Brisbane on February 23.