Your opportunity to own this very successful, freehold childcare center property with international tenant Busy Bees. 52 Alfriston Road, Manurewa consists of a purpose-rebuilt childcare center (in 2012) over two titles and licensed for 90 children.
The childcare operator Busy Bees is part of a very successful international chain of childcares and operates over 80 Centers throughout New Zealand. The tenant is currently paying net $223,425.50 p.a. plus GST with built in growth and generous initial lease remaining.
The property is intensively fitted out with several outdoor breakout areas for children to play and learn as well as many different themed areas for the children inside. The interior is also subdivided depending on the age of the children.
Childcare sector is always popular for passive investors as there is a continuing demand from ever increasing population. Childcares are also subsidized by government for children up to 20 hours per week (some conditions do apply) giving further comfort to the landlord.
52 Alfriston Road, Manurewa East is being sold by Deadline Sale closing 4pm13 August 2025 (unless sold prior).
If you are looking for a passive ‘hands free’ investment with a regular steady income, built in growth and a tenant that is world renowned then this is the property to consider. Vendors are motivated and have instructed, ‘this property is to be sold!
• Established, successful childcare centre licensed for 90 children
• International Childcare tenant – Busy Bees 80 Centers across New Zealand and around 1,000 centers worldwide
• Returning net rental of $223,425.50 p.a. plus GST with next rent review March 2026
• Freehold land size of approx. 1,831sqm over two titles
• 12 months Bank Guarantee in place
• Built-in rental growth and generous lease terms with rights of renewal
• 21 on site car parks
• Eight year initial term remaining, plus rights of renewal.
