New build
已经下架
4 View Road, Papakura is 2014 construction purpose-built childcare property licensed for 80 children.
The fantastic investment opportunity offers a net rental of $223,288 pa net p.a. + GST along with a 12 year secure lease-term and multiple rights of renewal. The childcare is operated by the country’s largest provider, Best Start Educare Ltd, with over 270 centres nationwide.
The property sits on 1,808sqm freehold land zoned Residential Mixed Housing Urban Zone underpinning significant value.
Future proof your portfolio with this true passive investment. Call the sole agents today!
Features:
* Net rental of $223,288 pa net p.a. + GST
* Secure 12 year lease-term with multiple right of renewals
* Fixed 2% pa increases with market reviews every four years
* Market leading tenant – Best Start Educare Ltd operates over 270 childcare centres nationwide
* Strategic location: New Auranga Development
* Land bank – 1807 sqm freehold corner-site
* Residential Mixed Housing Urban Zone
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $805,000 | -10.1% | 187 |
2022 | $895,000 | 0.4% | 205 |
2021 | $891,000 | 31% | 507 |
2020 | $680,000 | 11.5% | 386 |
2019 | $610,000 | -0.9% | 222 |
2018 | $615,500 | 2.6% | 192 |
2017 | $600,000 | -1.6% | 226 |
2016 | $609,500 | 18.6% | 308 |
2015 | $514,000 | 35.6% | 336 |
2014 | $379,000 | - | 189 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 4 | 2 | 190m2 | 2024年03月13日 | $980,000 | Council approved | |
 | 0.17 km | 4 | 1 | -m2 | 2024年02月14日 | - | Council approved | |
 | 0.11 km | 3 | 1 | 108m2 | 2024年01月08日 | $740,000 | Council approved | |
 | 0.19 km | 3 | 1 | -m2 | 2023年12月18日 | $675,000 | Council approved | |
 | 0.35 km | 2 | 1 | 70m2 | 2023年11月10日 | $566,500 | Council approved |