• Net income: $262,000pa + GST
• Purpose-built childcare centre licensed for 85 children
• Fee simple 1,419sqm (more or less) corner site zoned Residential - Mixed Housing Suburban
• Fifteen-year lease commenced 2018 with rights of renewal until 2053
• Assured rental growth
An opportunity to secure a hands-off, bottom-drawer investment in the rapidly growing Papakura town centre, which 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 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 please call today.
Tony Chaudhary
021 995 121
Lalit Arya
021 033 2309
Piyush Kumar
027 410 4750