Colliers is proud to exclusively present to the market 114 Swanson Road, Henderson, Auckland for sale by Deadline Private Treaty with offers closing at 4pm on Wednesday 2nd April 2025 (unless sold prior).
Returning $234,040 pa + GST & OPEX, this property is tenanted by Lollipops Educare who are a fully owned subsidiary of Evolve Education Group. Evolve are one of New Zealand’s leading operators with over 90 centres and 7 different brands nationally.
Lollipops have occupied this site since construction in 2015 and have recently signed a new 10-year term from March 2025, plus one further right of renewal and a final expiry in 2045. With annual CPI rental growth, plus market reviews every 5 years, and an established tenant, this is the perfect bottom drawer investment in a sought-after sector.
Situated on a road front 1,500sqm freehold, fee simple title, this top-quality, purpose-built facility is licensed for 75 children and was constructed by highly reputable LEP Group. Swanson Road can be accessed from Lincoln Road which is one of Auckland’s busiest roads and connects to Don Buck Road heading towards Westgate, which is one of New Zealand’s highest growing regions.
Do not miss out on this proven investment - call either of the sole agents now for further information, or to arrange an inspection.
Shoneet Chand 021 400 765, Matt Prentice 021 464 904 and Ronal Prasad 021 232 1192
Features:
* Net Rental of $234,040 pa + GST
* Annual CPI Rent increases + market reviews
* Lease expiry in 2035 + ROR
* Licensed for 75 Children
* Proven centre in established location
* Evolve as Parent tenant - branded as Lollipops
* Quality, purpose built facility
* 1,500sqm freehold/fee simple title
* Government backed sector
* Popular Auckland location