CC194 sold


New England area

The opportunity

freehold (property and business) preschool and child care centre

Asking Price

1.45m reduced

Childrens gum boots stacked on shelf at childcare center in the New England area near Coffs Harbour
General Information

Located approximately half way between Sydney and Brisbane. 2 1/2 hours drive inland from Coffs Harbour. There are return flights daily from Sydney.

This freehold centre sits on huge a landscaped 2207m2 block of land. Good exposure on a main thoroughfare street. The centre is licensed for 35 and has four rooms. It is operated under management.

The vendors had a formal valuation completed in March 2018 by accredited child care valuers.

Revenue exceeded $600,000 in 2018 financial year.

Options for the purchaser include:
Option 1. Continue to operate the child care centre as a going concern, achieve a good income and potentially benefit from long term capital growth of the property.

Option 2. Keep the property and sell the existing child care centre. Become lessor / landlord, the rent received contributing to mortgage repayments and potentially benefit from capital growth of the property.

The Opportunity
Rarely do freehold child care centres come on to the market in this area. An excellent opportunity for either owner operators or investors.

All genuine offers will be presented to the vendor for consideration.

For further details please contact David Ferguson 0412 488 295, or follow the email link below

More Information