Linda Harley SOLD Childcare Freehold Property Investment - Western BOP
This freehold property investment will appeal to a range of buyers wanting an entry into ownership of a quality childcare property that offers a 6.75% return on investment and a low maintenance building.
With a license for 33 children and resource consent for up to 35 children the property does offer some upside for the investor (subject to building expansion).
Located within 500 metres of the local town centre, within a tree lined residential street, this will appeal to anyone wanting a hands off investment.
Current annual rental is $48,600 +GST with annual CPI reviews and market reviews every 5 years, this property has a prosperous future. You can also take comfort from the final expiry of 2047!
Priced to sell at $720,000 +GST if Any (6.75% )
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