Prime Corner Childcare Property - Bayswater, North Shore
Positioned in one of Auckland's most desirable coastal suburbs, 168 Bayswater Avenue presents a rare opportunity to secure a high-quality childcare investment on the sought-after Takapuna-Devonport Peninsula.
This freehold corner site delivers strong, passive income of approximately $160,000 + GST per annum, supported by regular market rent reviews every three years, offering investors both stability and long-term upside. The long term lease is secured by a bank guarantee provided by the tenant, over $200k, offering peace of mind for a passive investment.
At the core of this investment is a well-established, fully licensed childcare centre that has successfully served the local community since 2017. The centre operates at consistently high occupancy, underpinned by strong family demographics and ongoing residential intensification, including new apartment and housing developments across the peninsula.
Licensed for 50+ children, the centre is operated by an experienced multi-site ECE operator with presence across the North and South Islands, supported by a highly qualified teaching team—ensuring operational resilience and continuity of income.
Beyond the secure lease, the property offers compelling underlying value. Set on a prominent 827m² corner site and zoned Residential - Mixed Housing Urban under the Auckland Unitary Plan, it provides future flexibility and land-banking potential. The land's capital value alone (May 2024) is close to $2 million, highlighting the strength of the underlying asset.
Located between Takapuna and Devonport in the popular Bayswater-Belmont precinct, the area is well known for quality schooling, lifestyle appeal, and sustained population growth—driving long-term capital appreciation.
This is an outstanding opportunity for institutional investors, private buyers, family offices and offshore purchasers seeking a secure, high-performing asset with strong fundamentals and future growth potential.
For further information, please contact Munish Verma, Childcare Sector Investment Specialist at ABC Business Sales.
Price: By Negotiation (enquiries over $3m)
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