Childcare Freehold with 7.4% ROI - Wellington 2
- Proposed Usage
- Development Site
- Land Area
- 516.00 m²
- Property ID
This well established childcare freehold building is an ideal investment for a hands-off investor wanting a good rental income and future capital gain.
The property of more than 500m2 has been licensed as a childcare centre for more than 20 years.
Take a closer look at the benefits:
- Rental $59,200 + GST
- Term 10 years with 4 further Rights of Renewal of 6 years each
- Tenant is an experienced operator with an existing portfolio of centres
- Annual rent reviews from April 2021, CPI or 1% whichever is greater
- Market reviews every 5 years thereafter
Price $800,000 (+ GST if any) (7.4% Return on Investment)
Munish - 021 113 9768.
Email for a confidentiality agreement today.