A large childcare centre property at Sylvania will go under the hammer next month.
The property, at 10 Lisbon Street, is a modern, purpose-built building which houses the HoneyBears Early Learning Centre.
The centre has the distinguished quality rating of Exceeding National Quality Centre by an independent government authority.
Michael Vanstone from commercial agency Burgess Rawson says experienced investors are savvy to the benefits of owning property within the sector.
''This investment class has been considered hot property over the last 18 months because of the long secure lease terms, growing working participation rates and increasing government support both at federal and state levels,'' Mr Vanstone said.
''Not only do childcare assets typically yield much higher than residential investments, but they also often have residential zoning in place which supports the underlying land value."
Mr Vanstone said the HoneyBears property and tenancy represents a particularly desirable example.
"It comes with a new 15-year lease to 2033, which is supported by fixed 3 per cent annual rental increases, ensuring incredible value and stability for the prospective buyer.''
The property promises a net income of $168,000 per annum.
The corner site is opposite a local primary school and within a 2.5km radius of 15 other educational institutions.
It will go to Burgess Rawson's portfolio auction at 11am on Tuesday, April 2 at Doltone House, Hyde Park.
Details: 0403 580 528, or via email mvanstone@burgessrawson.com.au.
