This well established childcare freehold building is an ideal investment for a hands-off investor wanting a good rental income and future capital gain.
The large property of approx. 1100m2 has been licensed as a childcare centre for years.
Take a closer look at the benefits:
- Rental $107,300 + GST
- Term 10 years with 4 further Rights of Renewal of 6 years each
- An experienced tenant with an existing portfolio of centres
- Annual rent reviews from April 2021, CPI or 1% whichever is greater
- Market reviews every 5 years thereafter
Price $1,450,000 (+ GST if any) (7.4% Return on Investment)
Munish - 021 113 9768.
Email for a confidentiality agreement today.
