Commercial

National childcare investment portfolio

8 Iles Road, Lynmore

Office Building
dollar

Negotiation

Floor area
380m²
Land area
1138m²

Map

Property description

Listing # 2630282|Listed on 11 August

An opportunity to secure an established Early Childhood Education investment as part of a six-property portfolio sell-down.

Located at 8 Iles Road, Rotorua, this property comprises approximately 380 sqm of improvements on a 1,138 sqm (more or less) site and is leased to Best Start Educare Limited, returning $85,780 pa + GST and outgoings. The centre is licensed for 42 children, providing an established ECE investment with a proven operational use.

Located on the eastern side of Rotorua, Lynmore is an established residential suburb with schools, local amenities and easy access to the wider city.

Importantly, buyers are not tied to a portfolio-wide purchase. Each property is available individually, with the opportunity to acquire this property on its own, secure two or more centres, or make an offer across the complete six-property portfolio.

With six ECE investments being brought to market simultaneously, buyers have a genuine opportunity to acquire at a scale that suits their investment strategy.

Your notesYour notes
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton

Josh Smith

Licensee Salesperson | Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton
76 active listings
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton

Mark Slade

Commercial | Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton
50 active listings

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