Perfectly positioned on a 997m² freehold site directly across from the Greenhithe Pony Club and 120 metres away from Greenhithe School, is this top quality childcare investment we are exclusively offering for sale by Auction on 27th October 2021 (unless sold prior).
Viewings are strictly by appointment only. Call either of the Sole Agents now to register your interest or to arrange a viewing.
*Boundary lines are indicative only.
Featuring a new 15 year lease term to an experienced operator and a modern, brand new building, this is an exceptional bottom drawer investment in a tightly held Auckland location. The early childhood education sector in New Zealand benefits from substantial government support and is proving to be a highly sought after investment class.
Returning $206,336 pa net + GST & OPEX, the lease offers fixed rental growth with annual increases of between 2% - 2.5% per year, as well as market reviews throughout the lease term and a final expiry in 2056. The lease is further supported by personal guarantees from three directors and a 12 month bank guarantee for Rent & OPEX.
AUCTION 27TH OCT 2021 11:00:00 (UNLESS SOLD PRIOR)