An opportunity to secure an established Early Childhood Education investment as part of a six-property portfolio sell-down.
Located at 156-158 Lemon Street, this property comprises approximately 380 sqm of improvements on a 1,546 sqm (more or less) site and is leased to Best Start Educare Limited, returning $149,240pa + GST and outgoings. The centre is licensed for 70 children, providing an established ECE investment with a proven operational use.
Strandon is an established residential suburb just east of New Plymouth’s CBD, offering convenient access to the city, schools and surrounding residential areas.
Importantly, buyers are not tied to a portfolio-wide purchase. Each property is available individually, with the opportunity to acquire this property on its own, secure two or more centres, or make an offer across the complete six-property portfolio.
With six ECE investments being brought to market simultaneously, buyers have a genuine opportunity to acquire at a scale that suits their investment strategy.
