This freehold property investment is located in the township of Waihi and will appeal to a range of buyers wanting an entry into ownership of a quality childcare property that offers a 6.75% ROI and a low maintenance building.
With a license for 33 children and resource consent for up to 35 children, the property does offer some upside for the investor (subject to building expansion).
Located within 500 metres of the local town centre, within a tree lined residential street, this will appeal to anyone wanting a hands off investment.
Current annual rental is $48,600 + GST and with annual CPI reviews and market reviews every 5 years, this property has a prosperous future. You can also take comfort from the final expiry of 2047!
Price $720,000 + GST if any (6.75%)
Call Linda - 022 354 9189 today for more information.
For a confidential discussion please complete our online confidentiality agreement.
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