This purpose-built childcare investment in Morningside offers secure income, strong fundamentals, and long-term growth.

Licensed for 70 children (including 20 under two), the property returns $180,081 per annum. The centre operates under the well-established Educare brand, now owned by national provider New Shoots (backed by Milford Private Equity), adding further strength to the tenancy profile.

Built in 2012 on a 1,452sqm site, the property features a practical, purpose-built design with a brick and tile building, efficient internal layout, and separate play areas for different age groups. The north-facing outdoor play space benefits from adjoining Council-owned land, enhancing privacy, sun, and outlook, while a large on-site carpark provides easy access for families.

Located near Morningside School and local sports fields, the centre is a key community asset and consistently operates with strong demand. Positioned in a popular, family-oriented suburb close to the CBD, it also draws from southern Whangārei and surrounding catchments.

A tightly held asset combining proven performance, built-in rental growth, and a quality operator in a high-demand sector.

This property is being sold by Auction at 11am, Friday 12 June in the Colliers Conference Room, 211 Port Road, Port Whangarei.  Contact Megan McGregor (027 346 4194) to arrange a viewing or this opportunity.

More information: https://www.colliers.co.nz/p-NZL67040079