A childcare centre in fast-growing South Auckland, offering a new 30-year lease, including rights of renewal, is on the market.
Manurewa is experiencing significant residential growth, with new housing developments continuing to improve the area.
The property at 5 Churchill Ave, marketed by NAI Harcourts’ Dave Lane, comprises approximately 631sq m on a large 3192sq m freehold site.
It was originally constructed as a church and converted to childcare use.
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The property features two outdoor playgrounds for children of various ages and a carpark accommodating approximately 40 vehicles.
Lane says the teaching and play areas are filled with good natural light, there are generous reception, kitchen and laundry facilities, and there is a well-appointed space for staff.
The centre is licensed for 122 children, and current tenant Best Start Educare will sign a new lease of 12 years plus a further three 6-year rights of renewal from settlement.
Situated at the Weymouth Rd end of Churchill Ave, the centre is zoned Residential.
It is located only 600m from Manurewa Town Centre, with eateries and amenities conveniently nearby.
It’s a short walk from the Manurewa train station and access to the Southern Motorway is just 2.3 km away.
Occupying a large roadfront lot, the site enjoys mostly a level contour with some retaining works to the northern side.
The construction is weatherboard, concrete block, and plastered fibre cement, with concrete foundations and flooring, steel and timber framing, timber trusses, aluminium exterior joinery and a coloursteel roof.
Internal linings are plasterboard and suspended panel ceilings, and floor coverings combine carpet, tile, and vinyl.
Works are currently underway to renovate the facilities.
Upgrades to the garden, reception, and car park are underway, along with replacement of the playground carpet and repainting the exterior.
Lane says it’s the ideal investment opportunity for someone wanting to make a long-term contribution to a rapidly growing area.
The property will go to auction on Thursday 29 September unless sold prior.
— Article supplied by NAI Harcourts
