This property is an ideal entry into the ownership of a commercial childcare building without breaking the bank.
Licensed for 28 child places the centre has been operating in the township of Putaruru for more than 20 years.
This offers a bottom draw investment with an experienced tenant in place offering long term security for the investor.
Future rent reviews show there is future growth in return.
Take a closer look at the lease terms and rental income.
First Term: 10 years
Rights of Renewal: 3 x 5 years each
Rent: $28,000 + GST
Annual Rent Review: CPI
Market Rent Review: 5 yeaers
Opex: 100%
Call Linda Harley - 022 354 9189 today for more information.
Price $470,000 + GST if any (5.9%)
For a confidential discussion, please complete our online confidentiality agreement.
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