Linda Harley SOLD Childcare Freehold Property - National Tenant - Wairarapa
This property offers plenty of upside for an investor.With a national tenant you can take comfort from the knowledge this is a well established, experienced tenant with a national prescence.
The current Ministry of Education License is for 50 child places but the property has a Resource Consent for 60 places. This offers future rental growth should the Tenant wish to expand the license. (subject to building work being carried out for the extension.)
With an annual rental of $97,500 +GST, long lease terms in place and 100% NBS rating this is a great opportunity for a bottom draw investment.
Price $1,545,000 +GST if Any (6.3% ROI )
