Purpose built childcare - long term lease


18 Martyn Street, Waiuku

By Negotiation

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Purpose built childcare - long term lease | 18 Martyn Street, Waiuku | 1903732 |      X Close
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Purpose built childcare - long term lease


β€’ Purpose-built childcare centre licensed for 60 children

β€’ Fee simple 1,012sqm (more or less) site zoned Mixed Use

β€’ Ten year lease commenced 2016 with rights of renewal until 2046

β€’ Returning $146,400pa plus GST and outgoings with assured rental growth

An opportunity to secure a hands-off, bottom-drawer investment in the rapidly growing South Auckland location of Waiuku should not be overlooked.

Offering a freehold standalone site with dual frontage, this purpose-built childcare benefits from a long-term lease in place to a well established and entrenched tenant, Little Ants Centre.

Situated on a 1,012sqm (more or less) site and positioned in close proximity to a range of services and amenities including Mitre 10, Supervalue Supermarket and Gull service station. Access to the southern motorway is via Karaka at the Papakura interchange, and Pukekohe that lies approximately 20 kilometres to the east.

The property presents an ideal chance for passive investors to acquire a high quality, low maintenance asset in an established residential neighbourhood.

For further information, contact the SOLE agents today

Tony Chaudhary

021 995 121

[email protected]

Amy Weng

021 177 3422

[email protected]

18 Martyn Street, Waiuku

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