Colliers is pleased to present 147 Carlyle Street, Napier, offering an exciting investment opportunity leased to the national tenant, Tiny Voices Early Learning Centre.
Strategically positioned on Carlyle Street, a main arterial route leading to Napier's CBD, this investment boasts a 12-year lease commencing from 1 August 2021. The property yields an attractive return of $180,000 net per annum + GST, with 1.5% fixed annual rental increases.
Designed to cater specifically to childcare needs, the purpose-built facility spans across two levels. The ground floor covers an expansive area of 343.45sqm, e
ncompassing an inviting entry foyer, engaging play areas, a tranquil sleep room, kitchenette and toilets. On the second floor, you'll find an additional 89.83sqm of space, comprising a spacious kitchen, functional office, practical laundry, and comfortable staff lunchroom. The building's thoughtful layout includes large sliding doors that seamlessly connect the indoor play areas to the outdoor playground, enhancing the overall experience for both children and staff.
For further details on this exceptional investment opportunity, please don't hesitate to contact Danny Blair today.
Features:
* 19 onsite car parks
* 1.5% fixed annual increases
* Modern purpose built facility
* Long lease in place
