About this event    

Childcare centres have fast become a desirable real estate asset class for investors and developers.

While the sector is largely run by major childcare chains, a $1.7 billion boost in the federal budget this year has drawn attention from players outside the sector. 

So what are the fundamental drivers and legal and design considerations to undertake a childcare property development?

The Urban Developer proudly presents a virtual course on the essentials for developing childcare assets. 

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2. Lease terms and legal structures

• key mechanics of the agreement for lease

• determining lease commencement

• calculating rent on number of places

• outgoings – land tax, insurance and management fees

• security – personal guarantees, cash bonds and bank guarantees

• specific clauses in childcare leases – “material prejudice” type clauses

3. Design and planning considerations

• national quality framework 

• size and layout

• number of children

• provision of unencumbered indoor and outdoor space

• site selection

• appropriate land use zoning

• site constraints (bushfire/flooding)

• proximity to other social/community uses

• traffic and car parking 

• peak demand periods

• layout and safety

• design, services and amenity

• approvals pathway 

The presentations will be followed by an interactive Q&A moderated by Adam Di Marco, founder and CEO of The Urban Developer.