Jarra Property is pleased to announce a Western Australian record (single asset) childcare yield.
The recently completed G8 Education Ltd Childcare project in Southern River that was developed on behalf of our valued client LWP Capital, went under the hammer today in the Burgess Rawson national auctions for a yield of 4.76%.
The team at Jarra Property were privileged to deliver a turn key development management service to our client LWP Capital, managing the project from it’s inception, approvals, construction, handover and lease commencement through to divestment in todays auction.
This outstanding result illustrates the overwhelming investor confidence in the fundamentals of the sector and the appetite for investment grade quality childcare assets.
The team at Jarra Property are proud to play our part in setting new benchmarks for quality assets in the Western Australian childcare sector.