Blenheim
PMG Direct Childcare Fund

The property was recently built on the outskirts of Blenheim and is located near several primary schools.

Completed in April 2019, the 450 sqm property sits on 2,290 sqm of land in the Omaka Landing subdivision. It features concrete foundations and flooring, timber-framed walls, weatherboard cladding and a profiled steel roof. Inside, there are areas catering to specific age brackets, associated sleeping rooms and administrative space. Outside there’s approximately 700 sqm of play area and 20 car parks.

Tenant Omaka Early Learning Centre is run by experienced early childhood education providers. It has a Ministry of Education licence for 80 children.

Asset details

Asset Type
Childcare
Value
$3,800,000
Anchor Tenant
Omaka ELC
Occupancy
100%
WALT
9.2 years
Tenants
1