Strategically positioned in one of New Zealand’s fastest growing regions is this brand new childcare offering with exceptional investment fundamentals.
Featuring a brand new building constructed by highly experienced Signature Developments, 15 year lease term, fixed 2% annual rental increases and a proven tenant covenant, this is an excellent, long term passive investment that must be seriously considered!
Returning $325,728 pa net, ‘MiniDale Explorers’ is the operators third centre and is perfectly positioned to benefit from significant growth in Milldale with over 4,500 homes planned in the immediate vicinity.
Positioned adjacent to a reserve and across from the local park, the 1,827m² freehold site offers over 70 metres of road frontage with Mixed Housing Suburban Unitary Plan Zoning further underpinning its value.
Milldale is 25 minutes North of Auckland CBD and just 10 minutes from Albany (non-peak) and can easily be accessed via the Millwater Exit from the Northern Motorway.
This offering really does tick all of the boxes! Call either of the Sole Agents now for further information or to register your interest.
Ref #: 20586703
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