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Waterview

24A Fairlands Avenue, Waterview, Auckland

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223sqm Floor area

Childcare investment - new ten year lease


• Newly refurbished centre with expansive outdoor play area
• Operating as a childcare centre licensed for 40 children for over 20 years
• New ten year lease to an experienced operator
• Seismic rating of 100% of New Building Standard (Grade A+)
• Returning $99,840pa plus GST and outgoings

An opportunity to secure a hands-off, bottom drawer investment in the city fringe suburb of Waterview should not be overlooked. Built in the 1980's and being located on the rear portion of a cross lease site, the property has benefitted from subsequent alterations and additions culminating in a licensed childcare centre catering for a total of 40 children.

Comprised of a three level design, the property benefits from the suburbs ongoing residential intensification with the added convenience of being handy to immediate schooling, motorway networks and nearby shopping malls offering parents convenience and ease of access.

With a new ten year lease in place to an experienced operator, this is an ideal chance for passive investors to acquire a low maintenance asset with long term stability in an established residential neighbourhood.

For further information, please 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

Scott Kirk
021 499 661
scott.kirk@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

15
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
Scott Kirk

Scott Kirk


Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008

Features

Childcare centre


Licensed for 40 children

Long term lease


Ten year lease to an experienced operator

Refurbished centre


With expansive outdoor play area