Listing

On offer is an outstanding childcare investment presented to the market for sale, leased by NZ's leading childcare operator, Evolve Education. Evolve Education has 109 centres in NZ and a further 23 centres in Australia.

The two-level purpose-built centre is well established in the community and licenced for 60 children. Designed to allow an abundance of natural light and offers modern amenities for the centre. The centre is well located positioned between Birkenhead and Birkdale with ample on-site parking and street parking servicing the facility.

Returning approximately $163,465 p.a. net + GST + OPEX (as of 1st October 2024) , currently just over seven years to run on their initial 15-year term. This is a superb freehold investment and must be seriously considered.

Investment Features:
- 634m² Freehold site
- Annual rental $163,465 + GST + Outgoings (as of 1st October 2024)
- Leased by NZX listed company (Evolve Education)
- 15 year term from 2015 + 5 + 5 years
- Fixed annual rental increases of 2.5%
- Licensed for 60 children

For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.