•Reliable tenant returning $91,950pa +GST/OPEX

•Purpose built in 2008

•One tenant ensures ease of investment

Positioned in one of Whitianga's fastest-growing residential areas, this tenanted childcare centre offers a quality, hands-off investment for passive buyers. Purpose-built in 2008 to a high standard, the 322sqm (approximately) two-storey building sits on a 986sqm (more or less) freehold site with excellent visibility, dual access, and proximity to the town centre.

The property is leased to Mercury Bay Preschool, a long-standing early childhood education provider operating five days a week. The lease includes both the preschool premises and a two-bedroom upstairs apartment, which the tenant manages and sublets independently as part of their business model.

Well-equipped indoor teaching areas flow into secure outdoor play zones and fenced parking/drop-off areas, offering a functional and attractive layout for day-to-day use. The lease generates a total annual income of $91,950pa + GST and outgoings, with further rights of renewal in place.

Zoned Residential under the Thames-Coromandel District Plan, the site backs onto commercial land and sits within a growing family-oriented neighbourhood. A major 21-hectare residential subdivision nearby continues to drive population growth, supporting demand for local services such as childcare.

With a reliable tenant in place, a strong lease structure, and a future-facing location, this property offers investors a solid income stream in an asset class seldom brought to market. Opportunities of this nature are rare in Whitianga — secure your position in this high-growth coastal setting.