Ad ID: 85524

Childcare Development Opportunity Business Opportunity for Sale Wellsford Auckland

Wellsford Childcare Development Opportunity

By Negotiation

Business for Sale Description

Childcare Development Opportunity Business Opportunity for Sale Wellsford Auckland

Based on what I believe is the best development site in Wellsford – earmarked for the Northern Auckland Motorway to go through to in the future is this Wellsford opportunity.

Plans have been submitted, RC granted with the BC not far behind. This will be a 100 licence ECE (it is possible to go bigger if you choose) ECE and... as an added bonus, 5 extra residential sections of approx 600 sq/m each.

The site currently has an unused school on site. The removal will be at the purchasers cost in which we have obtained 2 quotes for $75K and $100K.

Development of an ECE this size is expected to be around $1.2M as a rough guide. When the ECE is licensed we would expect the rental to be circa $250,000 per annum ($48 per child licence) and have a value of circa $4.5M (5.5% yield).

Price is by negotiation.

Please get in touch if you would like to know more – You need to first submit an online confidentiality agreement by visiting . Once Brett receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

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Barker Business Brokerage Ltd
For more info
Contact: Brett Barker

Brett Barker

Brett Barker
021 744 990 or 09 448 0751
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: BBS2544

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