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If you are tired of low returns in the bank, take a closer look.
On offer is a childcare freehold investment that incorporates two properties under the one lease.
Established in 2008, the premises are converted residential properties which have been refurbished and present well to offer services for up to 60 child places across two properties.
With a 10-year first term and further rights of renewal, you will enjoy the long-term tenure of the incumbent tenant.
Take a closer look at this opportunity:
- First Term of 10 years from commencement and further rights of renewal
- Annual rental increase - CPI
- Market reviews in place to offer rental growth
- 100% OPEX
- Experienced tenant since 2017
- Occupancy is consistently above 90% throughout the year
- Convenient Blenheim location
- A return of 6.5% per annum based on the current rental.
Price $1,480,000 + GST if any
Call Linda Harley - 022 354 9189 today for more information.
If you would like to receive any further information regarding this sale, please complete our online confidentiality agreement.
Copy and paste this link into your browser: www.ds4u.cc/abc?ref=33418
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
Contact Linda
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