This is a rare opportunity to acquire a modern, purpose-built childcare investment underpinned by a brand-new long-term lease and consistent rental growth.

The property returns $101,400 net per annum + GST, secured with a 12-year lease and renewal options stretching out to 2055. Investors can take confidence in the built-in 2% fixed annual rental increases, complemented by market reviews every four years to capture upside.

The purpose-built childcare centre was constructed in 2014 providing a modern and functional facility. The premises is leased to multi-site operators, Brilliant Minds. Positioned on an 885sqm freehold site with dual access, the property is zoned Residential – Mixed Housing Suburban, providing an excellent land bank.

Key Highlights:

• Returning $101,400 net pa + GST
• Brand New 12-year Lease with renewals to 2055
• Strong tenant covenant with multi-site operators, Brilliant Minds
• Purpose-built childcare constructed in 2014
• Fixed 2% annual increases + market reviews every 4 years
• 885sqm Freehold title with dual access
• Residential – Mixed Housing Suburban Zone

Contact us today for more information or to arrange a viewing!

More information: https://www.colliers.co.nz/p-NZL67036011