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The opportunity

Elevate your portfolio with the unparalleled opportunity offered at 327KK Hobsonville Road.

Colliers are proud to present this excellent investment property that shines across all categories – long lease, passive income, bank guarantee, rental growth, quality building, substantial land and more.

Features

- Market leading tenant Real Kids Early Learning Centre
- Net income Returning $405,600 pa + gst
- 6-month bank guarantee
- 15 year lease plus RoRs, 2059 final expiry
- Strong rental growth fixed 2% pa + market reviews
- Land bank substantial land zoned RMHU
- Modern building solid, high-stud building
- Hobsonville location

Deadline Private Treaty 22nd May 2024 16:00:00 (Unless sold prior)

Highlights

Net income Returning $405,600 pa + gst

The modern childcare centre is offered to market with a brand-new 15-year lease returning $405,600 pa + gst. The lease is backed with a 6-month bank guarantee and tenanted by Real Kids Early Learning Centre.

Substantial value in the property is underpinned in its 3,500 sqm land zoned Residential - Mixed Housing Urban providing investors long-term development potential.

Market leading tenant Real Kids Early Learning Centre

Real Kids is a family-owned business providing premium childcare services to the Hobsonville community since 2015. The premises boasts high-stud ceiling, dedicated rooms and natural outdoor area creating a comfortable environment. Licensed to accommodate 130 children, including 40 under two years of age, Real Kids consistently maintains exceptional occupancy rates, supported by their excellent ratings.

The agents

Ronal Prasad

Broker |Investment Sales & Leasing
Auckland North

Licensed under the REAA 2008

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Shoneet Chand

Director |
Auckland North

Licensed under the REAA 2008

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Location

Sales process

For Sale by Deadline Private Treaty 22nd May 2024 16:00:00 (Unless sold prior)

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