Purpose-modified early learning centre in a desirable residential location close to Stoke Primary School, offering convenience for families and strong tenant appeal. The property is consented and licensed for 35 children and is leased to an experienced Early Learning childcare operator with 18 years tenure in this property, providing exceptional income security.
This well presented and maintained property has had recent capital upgrades including a new roof, replacement gutters, external repaint and new concrete pathways, minimising future maintenance requirements for the Landlord investor.
Investment Highlights:
• Long-standing tenant since 2008
• Long lease tenure to September 2038
• Strong residential Stoke location and close to schools
• Recent refurbishments completed
• Next 3 yearly Market rent review due September 2026 : offering immediate rental growth for the investor.
• Current annual rental $67,000 + GST and 100% OPEX.
Further information available on request.
Price $1,195,000 + GST if any
Contact Linda Harley - 022 354 9189.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36441
