Premium Landholding with Development Approval for Childcare Centre Located in Heavily Undersupplied Catchment

Burgess Rawson is pleased to present a rare childcare development opportunity at 1-3 Napier Street, South Mackay QLD to the market. For Sale | $1,000,000

This tremendously located site offers the incoming owner, operator or developer the following highlights:

+ Development approval for impressive 769sqm* purpose-built childcare centre approved for 108 LDC places and parking for 29 vehicles
+ Substantial 2,412sqm* landholding strategically located in prized schooling catchment – nine schools within a 3.5km radius servicing over 5,000 students
+ Prime position within a heavily undersupplied catchment with a ratio of 6.39 (0 to 5 year olds) per long day care (LDC) place
+ Conveniently located within close proximity to Mackay’s core amenities, being metres from Mackay Airport and within 3km* of both the Mackay Base Hospital and Mackay CBD
+ Situated within 3km* of Mackay’s major retail centre’s, Caneland Central & Parkside Shopping Plaza, anchored by Myer, Coles, Woolworths, BIG W, Target and 152 specialty retailers
+ Mackay Region: Queensland’s fourth largest regional city, currently experiencing a rapid period of growth, with over $1 billion of future infrastructure projects approved or under development^
+ 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 childcare, 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^^

For Sale | $1,000,000

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
^ Mackay Regional Council
^^ Australian Government – Department of Education | Child Care Subsidy Reform