Listing Description
Napier Childcare Investment with 11+ Year Lease
41 Kennedy Road, City Centre, Napier, Hawke's Bay
To be sold by deadline sale (by 19 Dec)
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | NZL67037584 |
Description
Opened in 2018, this modern childcare facility is home to Nelson Park Kindergarten, Toddler and Baby, and is licensed for 75 children. Positioned in the heart of the Napier South residential suburb, the property sits just 1.5 kilometres southwest of Napier’s central business district and opposite the highly sought after Nelson Park Primary School.
The centre comprises two buildings. Building A, located at the front of the site, includes two separate play areas, a sleep room, office, and amenities. Building B, the larger building at the rear, features two expansive open-plan play areas, additional amenities, and sliding doors connecting directly to the outdoor playground.
The property also benefits from 23 onsite car parks, a valuable asset for staff and families.
With more than 11 years remaining on the lease term and returning $212,178 net per annum + GST, this is a well-positioned and appealing investment opportunity. For sale by Deadline Private Treaty closing Friday 19th December at 3pm (unless sold prior). Contact Danny Blair for further information.
More information: https://www.colliers.co.nz/p-NZL67037584
Property Files
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