• Purpose-built childcare centre licensed for 85 children
- Fee simple 1,419sqm (more or less) corner site zoned Mixed Housing Suburban
- Fifteen year lease commenced 2018 with rights of renewal until 2053
- Returning $243,100pa plus GST and outgoings with assured rental growth
An opportunity to secure a hands-off, bottom-drawer investment in the rapidly growing Papakura town centre should not be overlooked.
Offering a multi-level building with a net lettable area of 511sqm (more or less), this purpose-built childcare centre benefits from a long-term lease to and experienced operator, All About Children with centres nationwide.
Situated on a 1,419sqm (more or less) fee simple corner site, the property has a commanding presence within the Papakura Town Centre and is within close proximity to schools offering parents convenience and ease of access.
336 Great South Road presents an ideal chance for passive investors to acquire a high quality, low-maintenance asset with long-term stability in an established residential neighbourhood.
For further information, contact the SOLE agents today
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz
Janak Darji
021 047 1290
janak.darji@bayleys.co.nz
