Colliers has been exclusively appointed to market 3 Blue Heron Rise, Stanmore Bay for sale by Deadline Private Treaty closing 4 pm, Wednesday 27 March 2024 (unless sold prior).
This fantastic investment opportunity ticks all the boxes offering a net rental $161,893 pa + gst and a 6-year lease. The property is consented to accommodate 65 children and has been a long-standing childcare centre since 2011.
The large 2,117 sqm freehold site is positioned perfectly on Whangaparaoa Road providing fantastic exposure to passing traffic from the surrounding residential catchments. Commercial property in this location is tightly held and seldom do opportunities such as this are presented to the open market.
Call sole agents today for more information. Property viewings are strictly by appointment only.
Features:
* Returning $161,893 pa + gst
* 2,117m² freehold title
* Fixed 2% pa or CPI, whichever is higher
* Consented for 65 children
* High exposure site on Whangaparaoa Road
* 6 year lease - Final expiry 2035
