178 Rongotai Road, Kilbirnie Investing in our future!
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Rongotai Road, 178_Information Memorandum.pdf
- /2. Title/
- WN310_174_Title_Search_Copy.pdf
- /3. Lease Documents/
- 178RongotaiRentReview12.22.pdf
- Best Start Lease12.18.pdf
- LeaseMay12.pdf
- LeaseVariationDec19_0001.pdf
- RentReview12.25.pdf
- /4. Seismic Information/
- IEP.pdf
- /5. Insurance/
- CertificateofInsuranceJun25.pdf
Property Description
• Hands-off childcare investment• Triple net lease to New Zealand’s largest childcare provider
• Approx. $80,000pa + GST net income
• Lease term to 31 December 2031, with renewals until 2044
• Easy, passive investment with minimal management input
This childcare investment offers a secure, long-term income stream underpinned by one of the country’s most established operators who have occupied this site for over 20 years.
This property is leased on a triple net basis, delivering an easy, low-touch investment delivering a simple, predictable return for investors.
With a current term in place through to December 2031 and further rights of renewal extending to 2044, this is a rare opportunity to secure dependable cashflow in a sector linked to essential community services. The lease also has
provision for 3 yearly CPI rent increases.
An ideal option for investors seeking hands-off income, strong tenant covenant, and long-term security.
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Terms of Supply
DISCLAIMER AND STATEMENT OF GENERAL POLICYThe following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Mark Walker
Capital Commercial (2013) Limited, Bayleys,
Licensed under the REA Act 2008
+64 4 499 6022 +64 21 320 280 mark.walker@bayleys.co.nz All Listings
Contact Mark Sherlock
Capital Commercial (2013) Limited, Bayleys,
Licensed under the REA Act 2008
+64 4 499 6022 +64 21 481 562 mark.sherlock@bayleys.co.nz All Listings