Price reduction! - NOW $995,000 + GST (if any).
Secure Investment in a High-Demand Napier Location.
An exceptional opportunity for both seasoned and first-time investors, now even more attractive with a reduced price.
This well-maintained, centrally located freehold property is tenanted by a long-standing and reputable childcare operator. A new lease is in place on favourable terms, providing immediate income and long-term security.
Licensed for 27 children, the site also presents future growth potential, with the possibility to expand the license (subject to Council and MOE approvals) - offering capital growth upside in addition to reliable returns.
Low maintenance requirements and full outgoing recovery make this a smart, hassle-free investment.
Investment Highlights
• Price: $995,000 + GST (if any)
• Annual Rent: $68,500 + GST
• Outgoings: 100% recoverable (OPEX)
• Tenant: Strong operator with a history of stable performance
• License: 27 children, with scope to increase (subject to consent)
A high-performing, low-maintenance asset in a sought-after location, ideal for investors seeking long-term peace of mind and solid returns.
Don't miss out - get in touch with Linda Harley today - 022 354 9189.
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