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Day care Centre to go up for Charity Auction

  • Written by Daily Bulletin

Would-be childcare centre operators are being given the rare chance to get into the industry, with a once in a lifetime opportunity to make the winning bid at a charity auction for a daycare centre in Sydney’s West. 

The National Coptic Childcare Alliance (NCCA) Industry Gala Event on the 29th October will see a 91 place, turn-key childcare centre auctioned off to the highest bidder, with the proceeds going to charity. 

NCCA Chief Executive Carl Elassal says with commercial property investors zeroing in on the booming childcare property market, the live auction will give someone the unique chance to get a leg up into the industry. 

“It’s a first of its kind auction, so I think it will create some hype, but this is a genuine opportunity,” Elassal said. 

“We know there’s a desperate need for childcare places, especially in Western Sydney and this is a chance for someone to start their own business in an area of urgent need.” 

The 91 place DA-approved childcare centre will be located in Merrylands with the developer to fully fund the fit out, estimated to be around $1-$1.5M. 

“Merrylands in Sydney’s west is a high demand area with a children to place ratio of four to one. That is, for every childcare place available, there are four children needing it. 

“This will not be a franchise. The childcare centre will be called whatever the winning bidder wishes.” 

The operator will need to invest about $100,000 on furniture and play equipment like bikes, easels and art supplies. 

“This is a massive opportunity, really it’s a once in a lifetime chance for someone to get into the childcare industry as an operator. It’s really hard to break in otherwise. 

“Usually a developer would charge at least a million dollar contribution for a centre plus a yearly percentage of the fees while to buy an existing 90 place centre could cost as much as $4M in goodwill.” 

This auction will see the winning bid receive the turn-key centre with no developer fees or an ongoing contribution.  

“The winning bidder will also have six months free rent from the day they are handed the keys of the finished daycare centre”. 

“After six months the developer will charge market value rent for 15 years, which at the moment is about $4,000 to $4,500 a month per child. 

The annual market rent is approximately $380,000 for a 91 place centre.  

“It typically takes a few weeks to get your Service Approved Centre licence from the department of education to operate. 

“We estimate you should be making a profit within 6 to 12 months. To reach 100 percent capacity takes about 15 months. 

Leading childcare provider Thrive Early Learning Centres is sponsoring the prize, in conjunction with the developer. 

Elassal says the live charity auction could see the childcare centre snapped up way under market value. 

“It will really depend on who is in the room on the day.” 

Issues facing the Early Learning sector will be discussed at The National Coptic Childcare Alliance Industry Gala event at Star City Casino from 4pm on October 29th 2022. 

Expert on Perseverance and Exponential Growth and Success, Alex Banayan will also make an address. 

https://www.eventbrite.com.au/e/national-coptic-childcare-alliance-launch-event-tickets-394286761317

Do they make the grade? 4 questions to ask an asbestos clearance team

  • Written by NewsServices.com


Australia is a country that has had its fair share of asbestos problems. This nasty little mineral is believed to cause the deaths of around 4,000 Australians each year, with its fibrous consistency leading to a range of life-threatening diseases.

For this reason top quality asbestos clearance is imperative, as it can still be found in many homes and buildings throughout Australia.

But to get the best team on the job, don’t forget to ask them these four vital questions:

  1. Is your company fully approved to provide this service?

In Australia, there is absolutely no reason why a dodgy company should be attempting to provide this service. Fully-approved companies and their teams undergo extensive and rigorous training to have the skills to offer this service, and there it goes without saying that you should be able to trust a fully-approved company to do the job properly.

They should have the following:

  • ISO 9001 approval

  • ISO 14001 approval

  • ISO 45001 approval

  • NATA World Recognised Accreditation

If you’re a home or commercial property owner looking for the best, most reputable team in the job, be sure to look out for the above and ask the company directly if they have these certifications on-hand.

  1. How do you go about minimising danger when providing the service?

Asbestos clearance is no simple process, especially when it concerns such a hazardous substance. Therefore, the best company should be more than happy to outline their process and talk you through the mineral’s safe removal.

Total containment is recommended when removing this harmful substance when removing it mechanically or from large spaces, as the material can become airborne, so it requires a full sealed and contained enclosure as well as three-stage decontamination site.

The mineral’s industrial form can be highly complex to remove as it is in a working environment. Feel free to ask if the provider will work around routine maintenance periods or scheduled shutdowns to minimise operational impeding and if they have experience using scaffolding to reach all areas where the mineral is present.

In many occurrences, materials containing the substance can be encapsulated - or “sealed” - as opposed to being comprehensively removed. This is a standard approach when providing the service for pipe insulation. As there are many different approaches to the service, it is highly important that you speak to the company about their safety procedures.

  1. How much does the service cost?

Asbestos clearance can be expensive due to the hazardous nature of the process - but why would you want to skimp out on ensuring your’s, your family’s or employees’ safety?

This being said, it’s important to inquire about the specific cost breakdown, asking questions about whether or not scaffolding and other structures will be needed to undertake the job? Whether encapsulation will suffice? Or whether the project requires full containment?

  1. Do you have client testimonials I can read?

A few solid Google reviews is one thing, but how in-depth have clients been about the quality of the company’s service? The right asbestos clearance company should be able to provide a number of profound client testimonials that state just how efficient their service was. If not, it’s possible that they are not very experienced or, worse still, provide a terrible service (something which you simply cannot afford to risk!).

Be sure to ask these four vital questions to the company, as these are the questions that ensure they are the team to go with, and not some half-rate dodgy dealer who isn’t really concerned about whether they get the job done properly or not!

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