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Hawera

219 Glover Road, Hawera, South Taranaki

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1,782sqm Land area SQM
500sqm Floor area
14 Offstreet

For Sale by Negotiation

Provincial childcare investment - Brand new!


In the current climate peace of mind is the key. Bayleys are proud to present to the market this passive investment in an established part of Hawera being a growth area of Taranaki. Licensed for 80 kids, this childcare centre has recently been finished for the experienced multi-site operator Future Kids Preschools, complete with a ten (10) year lease set to commence upon settlement returning $180,000pa net. The substantial initial term is underpinned by a proven operator and brand-new build culminating in a very stable investment. A spacious single level design is well positioned on a large commercial site in a popular location and growing catchment area featuring plenty of residential development nearby. Notable business neighbours include Farm Source and VTNZ alongside residential dwellings towards the northern entrance of the township. Tenanted assets don't come much more hands-off!
Price by negotiation

Darryl Taylor

Darryl Taylor


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Iain Taylor

Iain Taylor


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

A-grade


Tenant and fit-out

Catchment


Large residential township

Lease term


Ten (10) years with further ten (10) year renewal

Standalone


Built in 2022 by Cavalier Homes