Childcare Freehold Property - Quality

Franklin

$2,975,000

Proposed Usage
Development Site
Description:
Property ID
1c5xpv8

This quality purpose built freehold investment property will appeal to anyone wanting a hand off investment in a good location.

Built in 2015 the attention to detail throughout the development is evident. The business is well established and provides the local community a point of difference from their competitors with a creative play space and room to play.

The property is 1,940 sqm and has an experienced ECE tenant in place operating a 75 license childcare business catering for children from 0 to 6 year of age.

Take a closer look at the benefits:

* Rental $180,000 +GST
* Term 15 Years
* Rights of Renewal 3 of 5 years each
* Annual rent reviews , CPI or 1% which ever is greater
* Market reviews.

This is ideally suited to a purchaser wanting a hands off investment that offers capital gain through future rental growth and peace of mind from a great location.

Email for a confidentiality agreement today, lindah@abcbusiness.co.nz.

Contact Linda - 022 354 9189.

Price $2,975,000 + GST if any (6% Return on Investment).

Enquire about this property

Franklin Area