The freehold 1,760sqm (more or less) childcare investment property is set in a convenient suburban location, well placed to serve the local community.
The recently refurbished childcare business has been operating for many years from this property, with an experienced ECE tenant in place who has built a strong reputation for high quality care. Currently consented for 50+ children this premium investment offers a net rental of $107,484 + GST with a 15 year ADLS lease, multiple rights of renewal and annual growth through CPI increases. DEE reports are available on request.
This is ideally suited to a purchaser wanting a hands off investment that offers capital gain through future rental growth and peace of mind from a great location. Recent property refurbishment also offers low maintenance costs going forward for the purchaser and tenant.
Price: $1,535,000 + GST if any (7% Return on Investment)
Please contact either Linda 022 354 9189 or Donna 027 570 1872 for more information.
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