Highlights of this Freehold Investment Opportunity:
- Current rent income is $333k + GST per annum
- Yearly rent growth in place
- The childcare sector is strongly supported by government funding
- Passive investment for rental returns
- Tenants include an experienced childcare operator with multiple locations and another national tenant, ensuring secure income streams
- Located in a thriving area experiencing significant growth in housing and population, leading to increased demand for childcare services.
Early Childhood Education (ECE) sector regulations mandate network approval for new childcare establishments are required from February 2023. Building new childcare centres now requires pre-approval, adding to the property's appeal in a high-demand area with ongoing housing developments.
This spaciously designed childcare centre is situated in a bustling Auckland suburb, leased to a reputable operator with a proven track record. It boasts of occupancy around capacity and benefits from its strategic location amidst a mix of commercial and residential zones.
Price by Negotiation.
Call Munish Verma - 021 113 9768 for more information.
Please note: Further details will be disclosed exclusively to genuinely interested and prequalified parties upon the submission of a Confidentiality Agreement. Potential buyers must demonstrate the financial capacity to complete the transaction as per the vendor's requirements. Auckland Transport (AT) has notified the acquisition of the property in the future for expanding roading networks, can suit investors who may wish to negotiate the acquisition price through their experienced advisors, with AT, and work through appropriate reimbursement for the acquisition of a key commercial asset by a govt agency.
If you would like to receive any further information regarding this sale, please complete our online confidentiality agreement.
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