With Montessori childcare such a high-growth business in New Zealand, the sale of this established childcare centre in Riccarton represents an outstanding long-term investment opportunity.

On a 572 sqm section, the building has a floor area of approximately 241sqm with an established childcare centre licensed for up to 25 children operating from it.

The existing tenant is well-established and currently operates an additional 2 childcare facilities. There is 12 year lease in place which returns an annual income of $135,000+GST+OPEX, with two rights of renewal.

In a popular location, directly opposite the Westfield Mall shopping centre, surrounded by a High-density residential area, it is close to the University, sought-after primary schools and within easy reach of Hagley Park and the CBD. This is a fantastic location in terms of convenience and accessibility.