18 Year Lease - One Of A Kind

21, Access Road, Kumeu, Rodney

By Negotiation

Proposed Usage
Retail
Floor Area
744.00 m²
Description:
Property ID
1c3xf9d

For Sale by Deadline Private Treaty closing 22 November 2018 (unless sold prior)

This modern barn style childcare centre at 21 Access Road is currently being constructed by one of Aucklands leading childcare operators, Junior Junction. An architecturally designed facility that will be home to Kumeus most pre-eminent childcare centre.

The building will cater for a 100 children and with its striking barn design will fit in well within the local Kumeu surroundings. To guarantee the childcare operation is a cut above the rest, the owner and his architect have decided to manage the development project personally, to ensure that a superior finish and design aesthetic is achieved.

The property comes with an annual return of $296,400 net and enjoys an 18 year lease term with final expiry being 2055, making this investment one for the grandchildren.

Kumeu is an affluent, emerging community that is located in one of Aucklands fastest growing regions and is forecast to double in population in the next 25 years, which should provide steady growth for your investment.

With a unique country barn design, high quality construction and exceptional lease terms, this centre is truly one of a kind.

The Vendor is motivated to see a successful sale in order to reinvest the capital back into the childcare operation and therefore has instructed this must be sold!

For further information, please contact CBREs Childcare specialists Brad Visser 021 814 902 or Richard Larman 021 278 8611.


+ Returning $296,400 pa net
+ Brand new 18 year initial lease term
+ Proven Operators 9th centre
+ Built in rental growth with hard ratchets
+ Completion June 2019
+ Must be sold before Christmas!

Enquire about this property

Kumeu Area