Childcare Freehold with Upside 7.5% ROI

Rotorua

$2,050,000

Proposed Usage
Development Site
Floor Area
645.00 m²
Land Area
1822.00 m²
Description:
Property ID
1c6xndp

This Childcare Freehold property has recently been refurbished to increase the license to 80 child places.

Set on a large 2467 square metre property with two titles, the site offers options for future expansion of the license . In the meantime the clients enjoy a spacious playground that is a point of difference from their competition.

The long term well established business offer the investor comfort of an established tenant and options to future expansion of the license for capital gain.

Take a closer look at the lease:

Term: 15 years
Right of Renewal: 3 x 5 years
Rent Review Dates: Two Yearly Rent Review CPI
Annual Rent: $155,000 + GST
Personal Guarantee: 5 years

For a confidential discussion please complete our online confidentiality agreement.
Visit www.ds4u.cc/abc?ref=30740 to get started.

Contact Heinz - 027 570 7601 or Linda 022 354 9189.


Price $2,050,000 + GST if any (7.5% Return on Investment)

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Rotorua Area