Stonebridge Property Group has successfully negotiated the off-market freehold sale of Bask Early Learning Ellen Grove for $9,000,000, reflecting a 5.40% yield. The newly constructed childcare centre was secured sight unseen by a private interstate investor, prior to the facility opening its doors.
Delivered by Accord Property and completed in October 2025, the purpose built 120 place facility occupies a substantial 5,483 sqm freehold within Brisbane’s western growth corridor – an area experiencing sustained population expansion and significant residential development. The centre includes 26 on-site car parks and is leased to Bask Early Learning, a boutique operator with a growing portfolio of four facilities across South-East Queensland.
Commenting on the sale, Stonebridge Partner, Tom Moreland, said “Newly built childcare centres across key growth regions of Australia’s capital cities are garnering a lot of attention. Fundamentally, they are often positioned in prime childcare demographics, whereby dual-income families are highly represented. This, coupled with large landholdings and secure cash flows available via long-term leases, is driving demand across the sector.”
Stonebridge Senior Executive, Thomas Proberts, added “Interstate capital flow continues to be a key thematic witnessed by our team, with Southeast Queensland remaining an investor favourite. The medium to long term growth prospects of the Brisbane market is particularly exciting and very appealing to ‘set and forget’ style investors both locally and from across the country.”
Recent childcare transactions in 2025 handled by Stonebridge now total over $360 million across 60 transactions. The firm is currently working through its final offerings of 2025, including the Orchard Early Learning freehold at Forestville, and gearing up for another huge year in 2026 as market dynamics remain buoyant.
For more information on Stonebridge’s recent childcare transactions, contact:
Tom Moreland | +61 408 072 822 | tmoreland@stonebridge.com.au
Thomas Proberts | +61 439 588 019 | tproberts@stonebridge.com.au
Michael Collins | +61 404 023 204 | mcollins@stonebridge.com.au
James Freemantle | +61 421 140 876 | jfreemantle@stonebridge.com.au
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