SOLD Childcare Freehold Property Investment - Manawatu $1,950,000 +GST if any

This property will appeal to an investor wanting a hands off investment with future land banking opportunity.

Take a closer look;

Two titles with total area 2032 sq m
Licensed for 70 children
Close to schools and within growing residential community
A mix of purpose built and refurbished building, offering options for future expansion or development.

A new lease will commence at the end of April 2021 on the following terms

Rent $130,000 +GST
First Term 5 years
Further Rights 3 x 5 years each.

With annual rent reviews and market reivews this property will continue to improve the return on investment over the 6.6 % on offer.

Price $1,950,000 +GST  (6.6%)

For a confidential discussion please complete our online confidentiality agreement.
Click or copy/paste this link to get started: www.ds4u.cc/abc?ref=32338

linda@childcaresales.co.nz