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 2:30pm, 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