If you are in the market for a hands-off childcare freehold investment with future rental growth, take a closer look at this opportunity that has just come to market.
This childcare property is a converted residential building that is licensed for 46 children, including up to 14 under the age of 2 years. The business has operated from this location for many years and enjoys an excellent reputation and attracts families from the wider Rotorua area.
This property will appeal to any astute investor seeking future rental growth. The current rent of $49,728.96 + GST is considered to be under rented, offering future growth when the next market review is completed in 2023.
The tenant is a multi-site national tenant, offering peace of mind for a hands-off investment.
Contact Linda Harley - 022 354 9189 or Heinz Fett - 027 570 7601 for further information.
Price $830,000 + GST if any ROI (5.9%)
For a confidential discussion, please complete our online confidentiality agreement.
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