7-9 Wookey Lane offers a fantastic opportunity to secure a strong-performing investment with significant future potential.
Returning $321,467 net per annum + GST & outgoings, the property is underpinned by a long-term lease with final expiry in 2046 to a proven multi-site childcare operator, delivering secure and passive income.
Positioned on a substantial 4,723sqm freehold site, the property features modern, purpose-built, low-maintenance improvements along with approximately 1,600sqm of surplus land, presenting a compelling add-value or development opportunity (subject to council approval). The Business – Light Industry zoning further enhances flexibility and long-term upside.
With abundant on-site car parking and a functional layout, the property is well suited to its current use while offering future growth options.
A standout investment combining secure income today with genuine development upside for tomorrow.
Contact us today for more information.
Features:
- Returning $321,467 net p.a. + GST & outgoings
- Long-term lease with final expiry in 2046
- 1,600sqm surplus land for development/add-value
- Modern, purpose-built, low-maintenance childcare premises
- Strong multi-site tenant covenant
- Abundant on-site car parking
- Business – Light Industry Zoning
More information: https://www.colliers.co.nz/p-NZL67039974
