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Brand new with 15-year lease and bank guarantee

Brand-new building | Net return of $259,376 pa + GST | Experienced tenant

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The opportunity

Features including a brand new building, a 15-year initial lease term with further renewals, a 12-month bank guarantee, as well as annual CPI and five yearly market rent reviews, make this investment the complete package.

The purpose-built facility was developed by Signature Homes, which is highly experienced in the construction of early childcare centres having built over 150 centres to date nationally. The centre is consented to host 86 children and returns $259,376 per annum.

Features
• Net return of $259,376 pa + GST
• 15-year lease + ROR’s
• Final lease expiry in 2057
• 12-month bank guarantee
• Annual CPI rent reviews
• Five yearly market reviews
• Experienced tenant
• Brand-new building
• 2,081sq m freehold title
• Sole agency

With excellent investment fundamentals, this property will be highly sought-after. Contact one of the sole agents for further information or to register your interest.


Highlights

Brand-new building

Strategically positioned directly across from Beachlands School, this quality investment opportunity features experienced brand Just Kidz who has over 20 years experience in the industry. Bell Road will be their eighth centre in Auckland.

2,081sq m freehold title

The centre is well positioned on a 2,081sq m title which is set back from the road, providing easy vehicle access in an excellent Auckland location. 


The agents

Oxenham, Laura

Shoneet Chand

Director
Auckland North

Licensed under the REAA 2008

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Ronal Prasad

Ronal Prasad

Broker
Auckland South

Licensed under the REAA 2008

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Matt Prentice

Matt Prentice

Director
Auckland North

Licensed under the REAA 2008

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Location

Sales process

For sale by deadline private treaty closing at 4pm on Wednesday 26 October 2022 (unless sold prior).

Enquire

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