Apurpose-built Waikato childcare facility operated by a national provider on along lease has come into play for commercial property investors.
Themodern, architecturally designed premises for sale in central Matamata are hometo New Shoots Children’s Centre.
Licensed for 95 infants, toddlers andpreschoolers, the centre serves the growing town and agricultural surroundswith childcare built around quality ratios, small group sizes and a tailored ruralfocus.
Itsprominent town centre location on Peria Road, with immediate access to State Highways24 and 27, supports convenient family drop-offs and pick-ups from across thedistrict.
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Themore than 3,300-square-metre property generates an annual net rental return of$293,169 plus outgoings and GST, with around 10 years to run on the currentlease and rights of renewal extending to 2048.
Thelease provides for annual CPI rent reviews, replaced by market reviews everyfour years.
Thefreehold land and buildings at 6 Peria Road, Matamata, are being offered to buyers by Deadline PrivateTreaty closing on Thursday 22 October, through WillemBrown of Bayleys Hamilton.
“Thoughtfullydesigned around the needs of children, staff, and families, this modernfacility offers a well-balanced blend of a practical building layout, spaciousoutdoor play areas and plenty of parking,” Brown says.
“Withits strong income, established national tenant and long-term lease security,this strategically located property in the heart of Matamata will appeal stronglyto buyers seeking a high-quality investment that’s truly one for the bottomdrawer.”
Brownsays childcare is attracting growing attention as a long-term commercialproperty investment.
“Investorsin early learning centre facilities can have added confidence in their returns inthe knowledge that a large portion of the fees payable to operators are governmentsubsidised,” he says.
Thesingle-storey, approximately 569-square-metre building with a striking gabledroof was completed in 2018. It is complemented by extensive outdoor areas –designed for all-weather play with decks and sheltered spaces, a generousplayground and an abundance of natural materials.
Generouson-site parking for 30 vehicles caters to the needs of parents and staff.
ThePeria Road facility sits on a substantial site of some 3,382 square metres acrossfour freehold titles, zoned Business and Business Residential Interface under theMatamata-Piako District Plan.
Brownsays the centre is well-placed to benefit from growing demand for childcare inMatamata, whose population grew by more than a quarter, to 9,100, in the 10years to the 2023 census.
Thetown is a vital hub serving a flourishing rural hinterland with a concentrationof amenities such as supermarkets, shops, cafes and professional services.
“Locatedin the heart of Waikato, Matamata has emerged as a strategic destination forcommercial property investment. Renowned for its strong agricultural base andgrowing service economy, the town benefits from consistent local demand, aresilient business community, and excellent connectivity to the ‘GoldenTriangle’ centres of Hamilton, Tauranga and Auckland.
“Witha limited supply of quality commercial stock, competitive pricing relative tolarge centres, and a catchment that punches well above its weight, Matamataattracts investors and owner-occupiers seeking stability, yield, and long-termgrowth,” says Brown.
- Supplied by Bayleys
