Childcare Freehold Investment Property

Christchurch City

$1,550,000

Proposed Usage
Development Site
Land Area
1478.00 m²
Description:
Property ID
1c6h2w7

This childcare freehold property has a well established national tenant in place offering peace of mind for the investor.

The lease offers long term tenure and annual rental increases for capital growth.

Take a closer look at the lease:

- Licenced for 68 child places
- A large 1,477m2 site (more or less)
- Internal floor area approx. 196m2, equating to 2.9m/license place
- External floor area approx. 545m2, equating to 8.0 sq.m/license place
- Commenced 2017
- Term: 15 years
- Right of Renewal: 3 rights of 5 years each
- Rent Review Dates: Annual CPI or 1 %, whichever is greater
- Annual Rent: $121,000 + GST p.a.
- Tenant pays 100% OPEX

For a confidential discussion please complete our online confidentiality agreement.
Visit www.ds4u.cc/abc?ref=31014 to get started.

Call Donna - 027 570 1872 or Linda - 022 354 9189.

Price $1,550,000 (+GST if any) / (7.8% Return on Investment).

Enquire about this property

Christchurch City Area