Auckland
PMG Direct Childcare Fund

The state-of-the-art property is surrounded by housing and redevelopments of state-owned properties and backs onto Glen Innes School and is conveniently near motorway systems and the Mount Wellington interchange.

Designed by Ashton Mitchell Architects, the 855 sqm new-build early childhood education centre sits on 1,729sqm of land.

Tenant Childsteps Early Learning Centre is owned by GMG Trust, an experienced operator in the sector. It is to be licensed by the Ministry of Education for up to 105 children.

  • Strategic Auckland location: Close to major transport links and residential areas
  • Stable tenancy: 100% occupancy with a strong, long-term lease agreement
  • Reliable returns: High yield supporting the fund’s financial objectives


Asset details

Asset Type
Childcare
Value
$5,950,000
Anchor Tenant
GMG Trust
Occupancy
100%
WALT
10.7 years
Tenants
1