Strategically located in the family-friendly Lower Hutt, this property occupies a generous freehold 1316m2 (more or less) site. Its prime location near primary and secondary schools, shopping amenities, and the Taita Railway Station ensures convenient access to Lower Hutt CBD, Wellington/Upper Hutt, and the Wairarapa via reliable public transport links.
Position yourself for long-term success with a reputable multi-centre childcare operator, renowned for its history as a dependable long-term lease tenant. Enjoy the security of a robust 8.4% ROI, complemented by annual rent reviews and enduring market rental agreements, promising steady rental growth and substantial capital gains.
With a license for 52 placements, the centre operates from a purpose-built, refurbished 1950's property, fostering a welcoming and enriching learning environment. Ample outdoor play space further enhances the experience for children.
Lower Hutt's population has surged by 8% since 2018, with an expected 25% growth over the next three decades, guaranteeing sustained profitability for the centre. For investors seeking a hands-off childcare investment with reliable returns, this opportunity stands as a valuable addition to any portfolio.
The motivated vendor has further reduced the price of this freehold property, offering an exceptional investment opportunity for those with a keen eye for value. Seize this opportunity to capitalize on a solid ROI and safeguard your financial future.
The annual rent is currently $113,878.85 + GST.
Price $1,350,000 + GST if Any
To discuss this investment opportunity further, call Linda Harley on 022 354 9189 today.
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