Epsom childcare investment with good upside

24, King George Avenue, Epsom, Auckland City

Price On Application

Proposed Usage
Retail
Floor Area
210.00 m²
Land Area
804.00 m²
Description:
Property ID
1c4xmw1

• Fee Simple site of 804sqm (more or less) in sought after Double Grammar Zone
• Brand new six year lease to a childcare operator
• Returning $89,180pa plus GST and Outgoings with potential rental growth
• Currently licensed for 35 children with potential to increase capacity (resource consent approved for 54 children

Well located on King George Avenue, just off Manukau Road in the sought after suburb of Epsom. A proven location, just moments away from the Greenlane on-ramps, with the Auckland CBD only a ten minute drive during normal traffic flows.

Originally a 1900's residential dwelling that has been transformed for childcare usage. Currently licensed for 35 children with potential to increase capacity (resource consent approved for 54 children). In zone for Auckland Grammar and Epsom Grammar Schools, the best private schools (including St Cuthberts and Diocesan) are all close by.

For further information, please refer to: http://www.propertyfiles.co.nz/property/1901957

Contact the SOLE Agents today:

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Angela Yang
021 338 311
angela.yang@bayleys.co.nz

Damien Bullick
022 420 6845
damien.bullick@bayleys.co.nz

Enquire about this property

Epsom Area