Growth corridor childcare centre trades off-market
Accord Property has sold another near new childcare centre, this time in Perth’s outer south.
The 96 place Buttercups Early Learning backed asset at 108 Lawrence Way, Byford, fetched $6.42 million, a 6.1 per cent net passing yield.
Part of the Beenyup Grove estate, the 2304 square metre site at the north west corner of Orion Road contains 20 car parks.
The building spans 743 sqm.
There is also a 682 sqm play zone.
The deal comes nearly a fortnight since we reported Accord sold a south west Brisbane childcare centre trading as Bask Early Learning for $9m to an interstate investor sight unseen (continues below).
108 Lawrence Way
Byford is about 38 kilometres from town.
Accord was represented by Sterling Property’s Jake Wallman and Simon Brady who appointed Burgess Rawson for CBRE’s Natalie Couper and Adam Thomas.
The deal was brokered off-market.
Subscribe to our newsletter at the bottom of this page.
