Stanmore Bay childcare - long term lease

195 Brightside Road, Stanmore Bay

By Negotiation

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Stanmore Bay childcare - long term lease | 195 Brightside Road, Stanmore Bay | 1903819 |      X Close

Stanmore Bay childcare - long term lease

β€’ Fee simple site of 1,783sqm (more or less)

β€’ Established and entrenched tenant, Cottontails Childcare in occupation since 2017

β€’ Close proximity to the Whangaparaoa town centre including national brand tenants Mitre10, New World and Countdown

β€’ Located within close proximity to Stanmore Bay beach and main arterial routes

β€’ 85% of NBS (New Building Standard)

β€’ Returning $180,000pa net with a contract rental of $230,000pa net

Located on a main arterial in the picturesque beachside community of Stanmore Bay in Whangaparaoa, 195 Brightside Road encompasses a 1,783sqm (more or less) childcare centre.

Cottontails Childcare centre has been in occupation since 2017 on a ten year lease with rights of renewal until 2037 with built in rental growth. Currently licensed for 56 children, resource consent has been granted to accommodate 85 children.

Stanmore Bay is a high volume traffic area with residents commuting daily to work in Orewa, Silverdale and Auckland City. Improved connections between Whangaparaoa and the Hibiscus Coast will aid in planned growth in the nearby suburbs of Dairy Flat and Silverdale.

For further information, contact the SOLE agents today

Tony Chaudhary

021 995 121

[email protected]

Amy Weng

021 177 3422

[email protected]

Graeme Perigo

021 676 067

[email protected]

195 Brightside Road, Stanmore Bay

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