8 Fairwater Road, Warkworth Prime childcare investment - long-term lease
TweetAvailable PropertyFiles:
- AGM Minutes.zip
- Fairwater Rd, 8 - Information Memorandum.zip
- Fairwater Rd, 8 - LIM Report.zip
- Fairwater Rd, 8 - Lease Documents.zip
- Fairwater Rd, 8 - Pre-contract Disclosure Statement.zip
Property Description
• Established childcare tenant operating at capacity with 12 years to go on the first term lease• Returns net $220,924.68pa plus GST with annual fixed rent reviews
• Convenient access to local community and Warkworth town centre
• Passive bottom-drawer investment
8 Fairwater Road, Warkworth forms part of an established service retail centre named “The Grange”. The subject property comprises a fully leased investment with 12 years remaining on the first term lease. It enjoys a net rental income of $220,924.68pa plus GST. The total area is 830.80sqm (approximately) including outdoor areas.
The property consists of a well-located Childcare Centre a short drive away from Warkworth Town Centre.
Opened in June 2016, the Warkworth Educare centre is licensed for 80 children. Educare was established in 2005 in Whangarei where they are now the proven market leaders in early childhood education
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Contact Tony Chaudhary
Bayleys Real Estate Limited, Manukau
Licensed under the REA Act 2008
021995121 tony.chaudhary@bayleys.co.nz All Listings
Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.
Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.
Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.
It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.
Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.
Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.