This freehold Lower Hutt childcare property offers a strong income stream, long-term tenant security, and capital growth appeal in a high-demand residential catchment. Current rent is $120,425 + GST and OPEX, supporting a quality return profile for passive investors.
• Freehold site: 1,316m2 more or less in a family-friendly Lower Hutt location.
• Tenant strength: Long-standing childcare operator with multiple sites.
• Reliable income: Current rent of $120,425 + GST and OPEX.
• Convenient access: Close to schools, shops, and Taita Railway Station.
• Demand support: Positioned in a strong residential area that supports ongoing ECE client supply.
• Licensed capacity: Centre approved for 52 child places.
The property is underpinned by a reputable tenant and a lease structure designed to support dependable income over the long term.
Annual rent reviews and market-based rental terms add further confidence for investors seeking a hands-off asset with steady cashflow and future upside.
Located within a growing residential area, this investment combines defensive tenancy with long-term capital growth potential. The purpose-built, refurbished 1950s property also offers practical childcare use with ample outdoor play space.
Price $1,350,000 + GST if Any
To discuss this investment opportunity further, call Linda Harley on 022 354 9189 today.
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