Childcare Freehold Investment
- Proposed Usage
- Development Site
- Land Area
- 964.00 m²
- Property ID
- Situated in a thriving North Shore location, this property has Resource Consent for the construction of a childcare centre licensed for 65 children.
- The Resource Consent plans include the concept drawings of an attractive 2 storey childcare facility.
- The vendor has a quotation to build the centre at approximately $1.8M, bringing the end product of childcare centre and freehold property to approximately $3M.
- The end product being the turnkey childcare centre, could have a market rental rate of $53 per child providing around $180,000 annual rent with a conservative yield of 6%.
Please contact Anthony for more information - 021 784 865.