Opportunities like this don't come along often. This quality childcare freehold property has just hit the market and offers exceptional returns compared to other options available. Fully refurbished in 2015 and purpose-modified for childcare use, the property provides a secure, long-term investment backed by an experienced tenant.
Investment Highlights:
• Licensed for 80 child places in a commercially zoned location
• Strong lease in place through to 2046 (with all rights of renewal exercised)
• Annual rent: $155,810 + GST, with the tenant responsible for 100% of outgoings
• Fixed annual rent increases of 2%, offering built-in growth
• Solid 8% return on investment, with the asking price supported by an independent Registered Valuation
Whether you're expanding your portfolio or seeking a passive, high-yield commercial asset, this investment is well worth your consideration.
Price $1,950,000 + GST (if any)
Contact Linda Harley today - 022 354 9189.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=35740
