71 Roseberry Avenue, Birkenhead, Auckland - North Shore

An affordable investment property that ticks all the boxes. Proven childcare center, international tenant Lollipops Childcare, strong lease terms, built in growth, popular North Shore location. Whether you are a first-time commercial investor or looking to add a quality investment to your portfolio then this is the property to consider.

The property was redeveloped in 2008 and specifically reconfigured for childcare. Property has a total floor area of approx. 445m2 over two levels, plus approx. 277m2 of outdoor area for children to play and learn. The center sits on a freehold title with plenty of car parking.

The tenant is currently paying net $163,460.99 p.a. plus GST. The lease has built in rental growth annually, guarantee from Evolve Education and next right of renewal October 2030.

The Childcare sector is always popular for passive investors as there is continuing demand from a growing population for placement of children in quality centers. This sector is subsidised by government for children up to 20 hours per week (some conditions do apply) which give landlords comfort in this market sector. Also of note, rules for new childcare centers around consents from local government and Ministry of Education requirements have changed in the last few years making new centers harder to build, which increases the investor demand for existing Childcare Centers.

71 Roseberry Avenue, Birkenhead is being sold by Deadline Sale closing 4pm 13 August 2025 (unless sold prior).