If you are looking for a long term investment that is returning above 6%, this is an ideal hands-off investment with a future land banking opportunity.
Take a closer look:
* Two titles with a total area of 2,032 m2
* Capacity for 70 children
* Close to schools and within a growing residential community
* A mix of purpose-built and refurbished building, offering options for future expansion or development.
A new lease will commence on the following terms:
* Rent $130,000 + GST
* First term 5 years
* Further rights 3 x 5 years each.
With annual rent reviews and market reviews, this property will continue to improve the return on investment over the 6.6 % on offer.
Contact Linda Harley - 022 354 9189.
Price $1,950,000 + GST (6.6%)
For a confidential discussion please complete our online confidentiality agreement.
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