49 Browns Road, Manurewa, Manukau

Affordable investment - 15 year lease

• Childcare business in occupation since 2011
• Fifteen year lease commenced March 2018 with thirteen years to go
• Returning $78,733pa plus GST and outgoings with assured rental growth
• 827sqm (more or less) fee simple site zoned Residential Mixed Housing Suburban
• Seismic (earthquake) rating 100% of New Building Standard (Grade A)

Extremely well presented childcare investments in areas with strong population support should not be overlooked. Licensed for 35 children, this affordably priced, hands off, bottom drawer investment is not to be missed.

Constructed over a single level, the property was fully rebuilt with a modern fitout in 2010 and is utilised as a childcare centre which has been operating since 2011..

Superbly positioned in the heart of Manurewa, the property benefits from being in close proximity to immediate schoolings, motorway networks and nearby shopping centres.

New and seasoned investors should take advantage of this long term, passive investment in a key and developing area of South Auckland.

For further information, contact 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