Auckland
PMG Direct Childcare Fund

The purpose-built childcare centre was completed in 2024 and acquired by the PMG Direct Childcare Fund in September 2025.

The centre is fully leased to experienced operator Go Bananas, with a weighted average lease term (WALT) of 9.7 years.

With resource consent for up to 86 children, the centre serves a growing family demographic in a location with strong community amenities, new residential developments, and easy access to main transport routes.

  • Experienced, long-term tenant: Go Bananas is a trusted early learning provider with a reputation for quality education and care.
  • Strategic location: Centrally positioned to serve both established and new residential areas, with excellent access to schools, parks, and local amenities.
  • Modern, purpose-built design: The centre features multiple age-specific play areas, ample natural light, and secure outdoor spaces designed to foster exploration and learning.

Asset details

Asset Type
Childcare
Value
$4,200,000
Anchor Tenant
Welly Explorers
Occupancy
100%
WALT
9.7 years
Tenants
1