BETTER THAN THE BANK - 6.25% NET RETURN

90, McFaddens Road, St. Albans, Christchurch City

Price On Application

Proposed Usage
Retail
Floor Area
438.00 m²
Land Area
1460.00 m²
Description:
Property ID
1c5cpl8



This is a fantastic opportunity to secure a passive commercial investment opportunity with all of the key investment fundamentals so keenly sought after covered, including; a long term lease of 12 years, 2 yearly CPI reviews as per the lease, St Albans location, underlying land value, and tidy purpose built building improvements, with a proven childcare brand being Minerva House Preschool as tenant.

This opportunity will appeal to any astute investor looking for a quality low risk investment in the popular and established suburb of St Albans.

This well located purpose built childcare investment leased to Minerva House (2019) Limited returning $125,000 plus GST + OPEX should appeal to those parties seeking a greater return on their money than they can achieve with money in the bank.

Don't hesitate to be in touch with the sole agent to discuss further as this opportunity should be popular!

Vendor motivated to see a result, call now!

For sale by negotiation.

 

Enquire about this property

St. Albans Area