Childcare Freehold - St Albans, Christchurch

Christchurch City

$2,750,000

Proposed Usage
Industrial
Floor Area
383.00 m²
Land Area
1123.00 m²
Description:
Property ID
1bsh62w

Excellent childcare freehold investment located in St Albans, one of Christchurch's largest suburbs and just a short walk from the central city.

Experienced corporate tenant who owns and operates a number of childcare centres throughout the country.

The childcare centre is licensed for 67 places.

Annual rental of $165,000 plus GST, a term of 10 years and 2 further rights of renewal of 5 years each, and a final expiry date of October 2036. Rent reviews are yearly at CPI, with market rent reviews on each renewal of the lease.

For more information please contact any of the three brokers..

Enquire about this property

Christchurch City Area