Perfectly positioned in one of the most highly sought after commercial locations in Auckland is this proven childcare investment with exceptional fundamentals.
This quality centre has been operational from 2008 and is currently returning $244,933 pa net + GST & OPEX, with a current term expiry in February 2026 and a final lease expiry in February 2038. The lease offers fixed annual 2% rent increases and market reviews on renewal dates.
‘Reach for the Stars’ early learning centre is one of the most generously proportioned centres in the area with its large playground offering and abundance of car parks.
The building is a single level structure of approximately 473m² and sits on a 1,912m² freehold title with ‘General Business’ Unitary Plan Zoning.
Freehold investment offerings in this location are very rare – call either of the sole agents now for further detail.
Ref #: 20506629
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