Growing Investment

603, Jervois Street, Mayfair, Hastings

Price On Application

Proposed Usage
Floor Area
100.00 m²
Land Area
654.00 m²
Property ID

- Land Area 645sqm
- Floor Area 100sqm
- Term of Lease 5 years from March 2015
- Rights of Renewal 4 x 5 years
- Net Rental $40,000 per annum

Evolve Group purchased the Rascals business in March 2015 and has negotiated a long term lease option of 25 years.

The tenant has acquired several of New Zealand's leading childcare businesses including Lollipops, Educare, PORSE and Au Pair Link.

This facility was established in 2008 for the provision of childcare for 3-5 year olds and has a capacity 22 Children.

For Sale $700,000 + GST (if any)

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Mayfair Area