Colliers is proud to present this premium early childhood education (ECE) investment in the heart of New Lynn, one of West Auckland’s fastest-growing residential areas.
Fully leased to experienced local operator Blooming Buds on a new 12-year term (plus further ROR’s), this purpose-built centre returns $473,880 pa net, with fixed annual 2% increases (from year 3) and regular market rent reviews.
Since opening in June 2025, the centre has been very popular with new enrolments given the high demand for quality ECE in the area. The head lease is further supported by a bank guarantee and the centre is consented for 140 children, plus additional area for a separately accessed, dedicated training facility on the ground floor.
Positioned on a 1,009 sqm corner freehold site, the property features a modern three-level building with basement parking, multiple outdoor play areas, and quality fitout throughout. Zoned THAB and surrounded by high-density residential development, this is a strategic investment in a location set for sustained demand.
Contact the Sole Agents for further information, or to arrange a viewing.
Shoneet Chand 021 400 765 and Matt Prentice 021 464 904
Features:
* Returning $473,880 pa net
* Fixed & market rent reviews
* Bank Guarantee
* Brand new building
* New 12-year lease term + ROR’s
* Final Lease expiry in 2057
* Proven operator with multiple centres
* 1,009 sqm corner freehold title
* Headlease for 140 child centre + Training Facility
* High density Residential location