Linda Harley SOLD Entry level Childcare Freehold Property Investment - Waikato $470,000 +GST if any
This property is an ideal entry into the ownership of a commercial childcare building without breaking the bank.
Licensed for 28 childplaces the centre has been operating in the township of Putaruru for more than 20 years.
This offer a bottom draw investment with an experienced tenant in place offering long term security for the investor.
Future rent reviews there is future growth in return.
Take a closer look at the Lease terms and rental income.
First Term 10 years
Rights of renewal 3 x 5 years each
Rent $28,000 +GST
Annual Rent Review CPI
Market Rent Review year 5
Opex 100%
Price $470,000 +GST if Any (5.9%)
