Established City Fringe Childcare Investment
10/55, Sainsbury Road, Mount Albert, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 1208.00 m²
- Property ID
Enquire about this property
Superbly positioned in a tightly held city fringe location, this proven childcare investment with one of the best tenant covenants in the market is for sale with the vendor motivated for a result by Christmas. Your tenant is the nationally recognised and NZX-listed early childhood education operator Evolve Education Group, under its brand Lollipops Educare. The centre is licensed for 100 children and currently operates at 100% occupancy (TBC).
The property occupies the entire top floor of a popular retail and commercial development originally constructed in 2010, positioned on the corner of Sainsbury Road and Morningside Drive, in St Lukes/Mt Albert, Auckland. It has a combined floor area (indoor & outdoor) of 1,208 m² plus 23 exclusive secure basement car parks, all of which are leased to Lollipops.
Established centres with exceptional tenants such as this really do tick all the boxes and present as an outstanding opportunity for astute investors.
Call the sole agents today to arrange an inspection.