An exceptional opportunity in the Napier area for both new and seasoned investors. This centrally located, well-maintained property is home to a proven tenant with a new lease in place on strong terms, delivering immediate returns and long-term stability.
Licensed for 27 places, the site also offers potential to expand - subject to Council and Ministry of Education consents - making this a rare opportunity for capital growth in addition to steady income.
Low ongoing maintenance costs benefit both landlord and tenant, while strong community engagement supports the success of the business and your investment.
Key Investment Highlights:
• Annual Rent: $68,500 + GST
• Outgoings: 100% recoverable (OPEX)
• Licensed for 27 children with scope to increase (subject to consents)
• New lease with favourable terms in place
• Strong tenant with a history of stable operation.
This is a high-performing, low-maintenance freehold asset in a sought-after location - ideal for long-term peace of mind.
Price $1,085,000 + GST if Any (6.3%ROI)
Don't miss out - get in touch with Linda Harley today - 022 354 9189.
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