Flat Bush / Auckland

37 Bishop Dunn Place, Flat Bush - Price on Application

Web Ref #34903
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Particulars

Address:
37 Bishop Dunn Place, Flat Bush
Price:
Price on Application
Listing ID:
34903
Category:
Commercial Land
Floor Area:
812 m2
Land Area:
1888 m²

Flat Bush Commercial Property Rent $374k + GST p.a

Are you seeking an outstanding commercial property investment? Look no further than the prestigious areas of Flat Bush/Botany in Auckland!

I am excited to present an exceptional purpose-built childcare freehold property in Flat Bush, strategically located between Botany Town Centre and Botany Junction. This can be a superb addition to your portfolio.

• Constructed to high standards in 2009, this custom-built childcare centre features a spacious open-plan design for seamless indoor-outdoor flow.
• Leased to an experienced ECE operator with 15 years of presence in the suburb, it offers a secure and profitable investment opportunity.
• Investors can earn $374,000 + GST annually, with tenants covering most outgoings. Enjoy a hands-off passive investment with a long-term lease established for the next 30 years, including rights of renewal.
• This 1,888m2 property, located in a bustling business park amidst sought-after areas like Botany, East Tamaki Heights, Ormiston, Pakuranga, and Mission Heights, benefits from ongoing population growth and increased demand for childcare services.

A potential opportunity exists to purchase adjacent spare land of approximately 1,313m2, expanding the property to around 3,201m2. With Resource Consent obtained in July 2022, purchasers can optimize rental income or simply land bank for future development.

This purpose-built childcare property presents a unique investment opportunity, featuring modern facilities, an established tenant who initiated the childcare service in 2009, a long-term lease, and government funding support. Positioned for success in the thriving childcare sector, it offers a distinct chance for investors.

Contact Munish - 021 113 9768.

Price on Application.

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Particulars

Address:
37 Bishop Dunn Place, Flat Bush
Price:
Price on Application
Listing ID:
34903
Category:
Commercial Land
Floor Area:
812 m2
Land Area:
1888 m²

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