Introducing an outstanding investment opportunity in Timaru - this modern, purpose-built freehold property is available for the first time since its construction five years ago!
The building has been designed to provide the tenant with a high quality educational facility, this meticulously designed facility promises minimal maintenance costs and maximised operational efficiency.
Set on a large property of 3580m2 this offers potential for future expansion should the tenant require this (subject to resource consent and MOE License regulations) , offering future capital gain for the property investor.
Boasting a secure lease until 2043 with potential for future capital growth through market rent reviews, this property is not just an asset but a strategic investment.
Situated in a prime location, it allows the tenant to cater to a growing community, making it a highly attractive choice for childcare business operations. Don't miss the chance to own this exceptional property!
With the current rent of $175,000 + GST this opportunity offers a return on investment of 6.95%.
Price $2,517,885 + GST if any
Contact Linda on 022 354 9189 or Donna 027 570 1872.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.
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