Stanmore Bay
3 Poplar Road, Stanmore Bay, Rodney
Private Treaty
(unless sold prior)
Unlock Potential in Stanmore Bay
• Childcare centre licensed for 70 children, including 25 under twos.
• Strategically positioned in an area underpinned by phenomenal growth.
• Regular fixed increases and market reviews.
Introducing 3 Poplar Road, Stanmore Bay—a prime investment opportunity boasting a 1,300sqm site with a purpose-built 413sqm childcare facility, leased to long-standing Tenant, Little Poppy's, for sale by Deadline Private Treaty closing 4:00pm, Wednesday 24 April 2024.
Currently returning circa $201,182 p.a + OPEX + GST, Little Poppy's have been operating since 2014. Yearly fixed increases plus regular market reviews ensure this opportunity offers the astute investor long-term stability and growth.
Situated in a central position on the Whangaparaoa Peninsula, this property strategically positions itself in an area underpinned by phenomenal growth. Little Poppy's, a licensed childcare centre for 70 children, has tailored the facility to meet the evolving needs of young learners.
Recent legislative changes in Early Childhood Education have heightened the challenges of establishing new centres, underscoring the value and security of this property.
1/177 Millwater Parkway, Silverdale
24
Apr
4pm
Graeme Perigo
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Ben Clare
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Anchor tenants
Well-established and experienced Tenant, Little Poppy's,
Passing income
Returning circa $201,182 p.a + OPEX + GST with regular rent reviews
Rent review
Yearly fixed increases plus regular market reviews ensure this opportunity offers the astute investor long-term stability and growth.
Location
Situated in a central position on the Whangaparaoa Peninsula, this property strategically positions itself in an area underpinned by phenomenal growth.
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