• Sold
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease
Established North Shore Investment With Long Lease

Ideally positioned on a 900m² freehold site directly across from Willow Park Primary School on Auckland’s coveted North Shore, is this near new, top quality childcare centre with strong trading history.


Returning approximately $176,033 pa net + GST & OPEX, just over three years into their initial 12 year term, this rare freehold investment must be seriously considered. The lease offers fixed rental growth at 2% per year, as well as market reviews throughout the lease term and a final expiry in 2058.


Operational since 2016, Neemo Childcare Centre is at full capacity and is well respected within the local community. Partners involved in the centre have set up over 25 childcare centres nationally and are highly experienced in the sector with a proven track record.


Located only 10 mins from Auckland’s CBD (off peak), the centre is perfectly positioned in an area with very little supply, and relatively high land values underpinning the fundamentals of this quality investment.


Viewings are strictly by appointment only. Call either of the Sole Agents now to register your interest or to arrange a viewing.


Shoneet Chand (021 400 765) or Matt Prentice (021 464 904).



Ref #: 217206

Property Details

  • 28/02/2020
  • Contact our experts for details on this transaction