Childcare Freehold Investment Property 6.5% ROI | ABC Business

Childcare Freehold Investment Property 6.5% ROI

$1,480,000 - Nelson

Industry: Property for Sale / Lease


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.
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To obtain more information click here to complete a confidentiality agreement Need business finance? Click here to contact the team at the Loanary

Location: Nelson

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Our brokers

Linda Harley

022 354 9189

Linda Harley

022 354 9189

Contact Linda

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