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Yeah... no, in that case I would be looking to knock down & redevelop a multi townhouse type of thing. Remembering it is only a fall back position should it really become redundant for whatever reason. I have seen a few motels around the place being redeveloped, I guess due to multiple failed...

I know a very successful retirement home developer that has now switched to child care centers. If his track record counts for anything it is not a bad move to follow his lead. 2c

I would say that is right. IMO policy is leaning toward more rather than less early childhood care and education facilities. They have worked out that it is cheaper to support children and help keep them on the rails than deal with adults that have a lack of support. In western government...

I have considered that many could be returned to or altered to resi. That seemed to me to be a reasonable out if all else fails. How so? I thought that childcare has good policy support from both sides, but I admit that I have not looked that closely yet.

Yeah, I guessed that might be lurking. OK, that makes sense, too heavily reliant on government policy is always bound to add to private sector nerves!

OK. I understand why petrol stations are riskier but what is it about childcare centers that ups the risk? Do they have a short shelf life? The leases seem to be longer than average.

What is the common wisdom about childcare centers? I have seen a few advertised and they seem to offer a higher net than many investments. What is the catch? Thanks.