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Albany

16/25 Corban Avenue, Albany, North Shore

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372sqm Floor area

Albany Premium Childcare Investment


With its desirable locality, growing catchment, solid demographics and strong sector demand, the property for sale couldn't be better located. Childcare is particularly sought after in fast-growing area like Albany where the residential catchment is continually on the raise. Tenanted by "Kidz Park Albany Child Care Centre" underpinned by a long Lease making this a great passive investment opportunity for any savvy investor.
• 372sqm (more or less) of purpose build child care facility
• Generous outdoor learn and play area adds further appeal
• Holding income of approximately $176,958.16p.a.+ GST and outgoings
• Leased till 2034 with further right of renewal
• Exceptional accessibility to Westfield Albany, Albany Mega Centre, University, Sport Stadium, motorway and more
• Anchor tenant at The Foundation - established commercial retail hub
Call the Team today to discuss your requirement or to arrange an inspection.

For Sale by Negotiation
Quinn Ngo

Quinn Ngo


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ranjan Unka

Ranjan Unka


Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Lease


Leased till 2034 with further right of renewal

Location


The Foundation Albany

Parking


Ample of common share car park at The Foundation

Passing income


Long term lease returning $ 176,958.16p.a.+ GST and outgoings

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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