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Flat Bush

58 Ormiston Road, Flat Bush, Manukau

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1,690sqm Floor area
5,209sqm Land area SQM
41 Offstreet

Tender

(unless sold prior)

High profile investment offers long term security


• 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

Tender
(unless sold prior)

2 Harris Road, East Tamaki

13

Mar

Time12pm
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Tony Chaudhary

Tony Chaudhary


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Amy Weng

Amy Weng


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Janak Darji

Janak Darji


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

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