Climb onto the commercial property ladder with this long-term, passive investment offering a fantastic yield. This property generates a net income of $70,013 per annum + GST, with built-in rental growth.
1/25 Maich Road has been a dedicated childcare facility for over 30 years and currently operates as Small Oaks Early Learning Centre. The lease is structured for long-term stability, featuring a 10-year term that commenced in 2024, with renewal options extending until 2050.
Positioned on a cross-lease site with excellent road frontage on Maich Road, the property is zoned Residential – Terrace Housing and Apartment Buildings (THAB), presenting potential future development opportunities.
Located in a growing residential area, the property benefits from high visibility, strong accessibility, and convenient connections to nearby amenities and transport routes.
Contact us today for more information or to arrange a viewing!
Features:
- Affordable Commercial Investment
- Longstanding Childcare Location
- Long-term lease
- Returning $70,013 pa + GST
- THAB - Zoning
More information: https://www.colliers.co.nz/p-NZL67033379
