This portfolio presents a very rare opportunity to secure three established early childcare centres located across Hawke’s Bay, delivering a substantial combined net rental return of $545,294 per annum plus GST. Each centre is strategically positioned within its respective community, underpinned by strong tenant covenants, and proven operational demand.
27 Middle Road and 13 Porter Drive is situated on the prominent corner of Middle Road and Porter Drive in Havelock North. This well-established childcare facility occupies a prime position just moments from the village and is licensed for 54 children aged 0–5 years. Operated by Rockmybaby Childcare Limited, the centre generates a net rental of $148,087 per annum plus GST. Set on a 1,012sqm landholding with a total floor area of 290sqm, it features mature gardens and a generous outdoor play environment, creating an appealing and well-rounded early childhood setting.
12 Campbell Street is directly opposite Havelock North Primary School, Havelock North's largest primary school. The building footprint has expanded over time to accommodate increased demand. Licensed for 60 children and returning $185,029 net rental per annum, with a further five-year renewal right in place, this property represents a secure investment.
Completing the portfolio is the well-located Nelson Park Kindergarten | Early Childhood Education centre on Kennedy Road, located just 1.5 kilometres southwest of Napier's central business district. Benefiting from excellent accessibility and strong surrounding residential catchments, the centre returns $212,178 net per annum plus GST. With more than 11 years remaining on the lease term, it provides long-term income security and positions the asset as a standout investment within the Napier market.
With established operators and demonstrated demand for quality early childhood facilities across Hawkes Bay, this portfolio presents an exceptional opportunity for investors seeking strong, reliable, and long-term income in a tightly held sector.
The properties can be purchased as a portfolio or as individual assets.
For sale by Deadline Private Treaty closing Friday 19th December at 3pm (unless sold prior).
Contact Danny Blair today for further information.
More information: https://www.colliers.co.nz/p-NZL67037568
