This childcare investment offers the benefits of a substantial national childcare operator as tenant on a long lease term paying an annual net rental of $124,950 + GST and outgoings.
Investors can sit back and take a long term rental income but also watch this property appreciate over time with annual rental reviews of CPI or 2%, which ever is greater.
Features:
* Land area 1,547m2
* Guaranteed rental growth
* Long lease plus rights of renewal
* Well established business and tenant in place
Price $1,800,000 (6.9% Return on Investment)