Profitable Childcare In Prime Location

In a prominent main road location, close to Cairns largest employers, this service has been a profitable service for many years and now offers the opportunity to a new owner either continue as is, or renovate and realise significant upside in both the property and businesses.

* Approx 75 Places (LDC)

* $500k FY Total Return 2023

* Occupancy Upside

* Employed Director and Full Staff

* With a cosmetic renovation this service should achieve a rental return of $2900 per place and on a 6.5% yield would see the freehold value alone at $3.3mil. Being sold at close to property value alone, this is an opportunity that doesn't come along very often in the childcare industry.

Please get in touch ASAP as owners are very motivated to secure a sale before the end of the financial year.

Offers over 3.4mil

Please contact Hayden Mollard on XXXXXXXXXX for full business profile and due diligence information.