Petone
77 Hutt Road, Petone, Lower Hutt
For Sale by Negotiation
10-year lease - childcare investment
This well-considered conversion provides home-like care to 47 children in a safe, family-friendly environment in the heart of Petone.
There is a new 10-year lease to Imagine Childcare, a proven local operator that has had a waitlist at this location since opening in 2012. The property boasts excellent child-friendly interior and exterior spaces making great use of the natural surroundings.
Hutt Road is a well-known, busy local thoroughfare with a mix of uses including residential, commercial and retail.
An investment that has it all, location, 10-year lease, proven tenant and outstanding underlying value.
To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/77HuttRoad
• New 10-year lease to proven childcare operator
• $127,088pa + GST net rental
• Thoughtfully converted buildings on large site
• Excellent location with strong underlying value
Mark Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease term
10 year net lease to proven operator
Location
Prime location - smack bang on Hutt Road
Opportunity
Underlying value - land value or residential
Passing income
$127,088pa net rental - tenant pays outgoings
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