• Quality childcare investment set on prime Fee Simple site of 5,209sqm (more or less)
• Proven tenant covenant - eight centres across Auckland and growing
• Returning a total of $474,400pa plus GST and outgoings with assured rental growth
An opportunity to secure a hands off, bottom drawer investment in the rapidly developing Ormiston Town Centre should not be overlooked. Built to high specifications in 2017, the property comprises a purpose built childcare centre held on a single Fee Simple title incorporating a land area of 5,209sqm (more or less).
The premises has been split into two tenancies. With a brand new 15 year lease in place, the childcare centre is returning $374,400pa plus GST and outgoings. With eight centres in Auckland, Choice Kids also occupies the first floor as their head office and has committed to a new ten year lease, returning $100,000pa plus GST and outgoings.
Call the SOLE agents today
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz
Janak Darji
021 047 1290
janak.darji@bayleys.co.nz