Affordable entry into commercial property with this boutique childcare investment in suburban Hamilton. With the tenant in a growth industry and one which is heavily government supported, this little beauty should appeal to residential and commercial investors. The centre is currently leased on a new (2020) 5 year term to an experienced multi-site operator (other centres in Cambridge, Hamilton and Auckland), and has acted as a childcare centre for over 20 years, clearly underpinning the location.  

This affordable passive investment won’t last.

Features:

• Five (5) year lease from 2020
• Further rights of renewal
• Centre has operated as a childcare for 20+ years
• Returning $57,600pa net

More information: https://www.colliers.co.nz/p-NZL67012989