An established childcare operator cum landlord offers an opportunity to buy one of their properties in East or South Auckland, the choice is yours! The regional tenant with an exceptional track record wishes to fund business expansion via the sale of the property.
- Current rental income: circa $290k-$300k + GST, per annum, for each site
- Bottom drawer, hands off passive investment
- Strong tenant covenant - experienced childcare multi-site operator with a proven track record
- Long-term lease and rights of renewal
- The childcare sector is backed by government funding
- Network Management regulations being implemented from 1 February 2023 - prior approval of MOE is required for establishing new childcare services & barriers to establishing new centres are getting higher & restricting future competition, while demand will be increasing with new housing developments.
Price on Application
Note: Further information will be provided strictly to genuinely interested and prequalified parties after submission of a Confidentiality Agreement & discussion, having the financial capacity to complete the transaction.
Contact Munish Verma - 021 113 9768, or email MunishV@abcbusiness.co.nz 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=34014