SOLD Childcare Freehold Property Investment - Christchurch $1,160,000 +GST ( if Any)

This Childcare Freehold property will appeal to a hands off investor. The purpose built centre has a license for 40+  child places set on 1785 sq metres offering the business tenant an attractive and spacious outdoor area and convenience of being close to the commercial business area of the communify.

The building has a 100% NBS rating.

The lease offers the following :

Term - 10 Years
Rights of Renwal 3 of 5 years each
Annual Renatl $70,000 +GST
Rental reviews will also offer further rental growth.

This is an ideal investment for a passive landlord looking to invest for the future and beat the current bank rates!

Price $1,160,000 +GST  if any (6%)

linda@childcaresales.co.nz

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