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Premium childcare investment - new 10 year lease

Lot 200 Corner Ward Street and Alexander Road, Upper Hutt

Industrial Buildings
dollar

Negotiation

Floor area
547m2
Land area
2000m2
Title type
Freehold
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Map

Property details

Listing # 3253780 | Listed on 13 April 2022

Soon to commence construction, this new early learning centre is designed to provide an innovative and state of the art facility constructed with premium materials.

The tenant, Grow ECE Ltd currently operated three other centres and have founded several others. They have significant experience in this field and are at the forefront of early childhood education.

A new 10-year net lease will underpin the security and longevity of cash flow, making this a low-maintenance premium investment in the fast-growing sector of childcare.

To obtain copies of all supplementary documents please register your details at

https://www.propertyfiles.co.nz/cornerwardstreetandalexanderroad

  • Exciting premium early learning centre to be built to high specifications and accommodate up to 90 children
  • New 10 year lease to well-established tenant Grow ECE Ltd
  • Net lease returning $257,400pa + GST
  • High-profile corner site in one of Wellington's fastest growing areas

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A young family with pets illustration