2 Archibald Drive, Wainui, Rodney

Strategically positioned in one of New Zealand's fastest growing regions is this established childcare investment ticks all of the boxes!

Featuring a near new building (2020) developed by highly experienced Signature Developments, a 10 year remaining lease term (plus further ROR’s), fixed 2% annual rental increases and a proven tenant covenant, this is an excellent, long term passive investment that must be seriously considered.

Returning $352,578 pa net, MiniDale Explorers Limited is one of the operators five centres and is perfectly positioned in Milldale's high density, growing residential catchment.

Positioned adjacent to a reserve, the 1,827 sqm freehold site offers over 70 metres of road frontage with Mixed Housing Suburban Unitary Plan Zoning further underpinning its value.

Milldale is 25 minutes North of Auckland CBD and just 10 minutes from Albany (non-peak) and can easily be accessed via the Millwater Exit from the Northern Motorway.

Do not miss out - Call either of the Sole Agents now for further information or to register your interest. 

Note: Some internal images taken in 2020

Features:

* Net Rental of $352,578 pa + GST

* Annual CPI Rent increases + market reviews

* Lease expiry in 2035 + ROR’s

* Licensed for 108 Children

* High occupancy rate – popular centre

* Multi-site operator across Rodney

* Government backed sector

* Management fees payable under lease

* New build in 2020 with building guarantee

* High growth Auckland location