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Listing Description
Listed: Fri, 5 Sep
Brand-New 8 Year Lease with Upside
103 Queen Street, Pukekohe, Franklin, Auckland
To be sold by deadline sale (by 8 Oct)
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Property ID# | JIW303 |
| Agency reference | NZL67036115 |
Description
This exceptional childcare investment opportunity in the heart of Pukekohe offers secure long-term income, fixed annual rental growth, and significant add-value potential, this property ticks all the boxes for passive investors and value-add buyers alike. Investment Highlights:
- Returning $91,000 net pa + GST & outgoings
- Brand new 8-year lease with a strong tenant
- 3 x 6-year rights of renewal – final lease expiry in 2054
- Fixed 2% annual rental increases ensuring consistent growth
- 769sqm freehold title with prominent street frontage
- Residential – Mixed Housing Urban zoning
- Add-value potential with Resource Consent & Building Consent in place to expand licence capacity from 35 to 50 children
Call sole agents for more information. All viewings strictly by appointment.
More information: https://www.colliers.co.nz/p-NZL67036115
Property Files
Discover more about this property.
Request the files from Ronal.