Childcare Centre - New 20 Year Lease

Unit 17/67 Auckland Road, Warkworth


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Childcare Centre - New 20 Year Lease | Unit 17/67 Auckland Road, Warkworth | 1682084 |      X Close

Childcare Centre - New 20 Year Lease

- Brand new childcare centre with 20 year lease and annual 3% rental increase

- Tenanted by Educare and licensed for up to 80 children

- Returning net $174,400 + GST

- High profile retail complex with huge traffic exposure - tenants in complex include McDonald's, BP, Domino's, Coffee Club and St Pierre's Sushi

- Stage 2 offering also includes other opportunities: Tank Juice, Kebabs on Queen, Noodle Noodle, Floorwise and Vacant 60sqm unit (Stage 1 fully sold)

Offered to the market is Stage 2 of The Grange - representing 5 brand new investment opportunities all with long term leases and built-in rental growth. Net rentals range from $27,500 to $174,400, ensuring all levels of investors are given the opportunity to secure a slice of this brand new retail complex!

This opportunity comprises a new Childcare centre, with a new 20 year lease and high-grade fitout. The tenant, Educare, was established in 2005 in Whangarei where they are now the proven market leaders in early childhood education. They now operate 11 centres in the North Island and employ over 150 staff.

The Grange is the sole centre along State Highway 1 travelling south between Wellsford and Auckland. The centre is well-positioned at the entrance to Warkworth with ease of access from both sides of the road, and is surrounded by residential developments of approx. 200 houses under construction. Warkworth is a major growth location projected to increase to a population of 20,000 over the next 30 years.

Enquire now for further information about this exceptional childcare offering, or any of the other investment units for sale.

Unit 17/67 Auckland Road, Warkworth

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