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Kilbirnie

178 Rongotai Road, Kilbirnie, Wellington

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417sqm Land area SQM
183sqm Floor area

Investing in our future!


This childcare investment offers a secure, long-term income stream underpinned by one of the country's most established operators who have occupied this site for over 20 years.

This property is leased on a triple net basis, delivering an easy, low-touch investment delivering a simple, predictable return for investors.

With a current term in place through to December 2031 and further rights of renewal extending to 2044, this is a rare opportunity to secure dependable cashflow in a sector linked to essential community services. The lease also has provision for 3 yearly CPI rent increases.

An ideal option for investors seeking hands-off income, strong tenant covenant, and long-term security.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/178rongotairoad

• Hands-off childcare investment
• Triple net lease to New Zealand's largest childcare provider
• Approx. $80,000pa + GST net income
• Lease term to 31 December 2031, with renewals until 2044
• Easy, passive investment with minimal management input

Tender

Level 14, 36 Brandon Street, Wellington

15
Apr

Time4pm
Calander
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Mark Walker

Mark Walker

Industrial, Office and Development Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Sherlock

Mark Sherlock

Investment Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Occupancy


NZ's largest childcare provider on a net lease

Passing income


Circa $80,000pa - with CPI rent growth

Floor area details


Well maintained building on a high profile site

Opportunity


A simple passive investment

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