Blue Chip Childcare Freehold Property - Hamilton $3,300,000

If you are in the market for a high quality childcare freehold property with plenty of scope for future capital growth then read on!

This property was established in January 2016 and offers the new owner an exceptional property currently licensed for 74 places but built to accommodate up to 118 child places in future (subject to consents).

Established in an expanding rural residential location in Ruakura Road, this centre offers city children a rural learning experience and given the tenants track record with a full centre and long waiting list, the business is definitely meeting the needs of the community.

The vendors are offering the building for sale to allow further growth plans. This is a property any investor would be proud to include in their portfolio.

Take a closer look at the lease:

Term: 15 years
Right of Renewal: 3 rights of 5 years each
Rent Review Dates: Annual CPI
Annual Rent: $185,000 + GST
Tenant pays: 100% OPEX

Email for a confidentiality agreement today. Linda Harley - linda@childcaresales.co.nz

Price $3,300,000 + GST if any (5.6%)