Affordable childcare investment - 15 year lease

49, Browns Road, Manurewa, Manukau City

By Negotiation

Proposed Usage
Retail
Floor Area
150.00 m²
Land Area
826.00 m²
Description:
Property ID
1c50z7d

• Proven and experienced childcare operator
• New 15 year lease commencing March 2018 with rights of renewal until 2053
• Returning $76,440pa plus GST and Outgoings with assured rental growth
• 827sqm Fee Simple site zoned Residential Mixed Housing Suburban

Extremely well presented childcare investments in areas with strong population support should never be overlooked. Licensed for 35 children, and tenanted to a proven operator with rights of renewal until 2053, with a new 15 year lease in place, this affordably priced hands off, bottom drawer investment is not to be missed.

Superbly positioned in the heart of Manurewa, the property benefits from being in close proximity to immediate schoolings, motorway networks and nearby shopping centres.

Run at full capacity, new and seasoned investors should take advantage of this long term, passive investment in a key developing area of South Auckland.

For further information, please refer to: http://www.propertyfiles.co.nz/property/1902011

Call the agents today:

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

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Janak Darji
janak.darji@bayleys.co.nz

Enquire about this property

Manurewa Area