Christchurch Surrounds / Canterbury

Christchurch Surrounds - Sold

Web Ref #29072
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Particulars

Address:
Christchurch Surrounds
Price:
Sold
Listing ID:
29072
Category:
Commercial Land
Floor Area:
776 m2
Land Area:
771 m²

Childcare Investment Property $124,950 Per Annum

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)

Particulars

Address:
Christchurch Surrounds
Price:
Sold
Listing ID:
29072
Category:
Commercial Land
Floor Area:
776 m2
Land Area:
771 m²
Divisions