Prime investment - near new 15 year lease


335 Main Road, Huapai

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Prime investment - near new 15 year lease | 335 Main Road, Huapai | 1902583 |      X Close
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Prime investment - near new 15 year lease


TENDER BROUGHT FORWARD - 2pm FRIDAY 7TH AUGUST 2020

• Purpose built childcare centre on an 817sqm (more or less) Business Mixed Use, Fee Simple site

• Near new 15 year lease to Just Kidz - five centres across Auckland and growing

• Returning $127,452pa plus GST and outgoings with built in rental growth and bank guarantee

Located on a main arterial which runs through the growth area of Huapai and Kumeu, this purpose built childcare centre on an 817sqm (more or less) fees imple site is licensed for 43 children. Built to high specifications in 2019, the opportunity presents itself for passive investors to acquire a hands off investment in a sought after asset class.

The improvements are presented over two levels with the ground floor providing three seperate learning rooms each with access to the outdoor play area and the upper level features staff amenities. Overall, the property presents a modern centre fitout throughout.

With a brand new 15 year lease in place to a franchisee of Just Kidz, the tenant also has rights of renewal for two further terms of ten years through til 2054.

For further information, please contact the SOLE agents

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

Michael Nees

021 182 3085

michael.nees@bayleys.co.nz