Childcare Investment Property $124,950 Per Annum

Christchurch City

$1,800,000

Proposed Usage
Development Site
Floor Area
776.00 m²
Land Area
771.00 m²
Description:
Property ID
1c02l0v

This childcare investment offers the benefits of a substantial national childcare operator as tenant on a long lease term paying an annual net rental of $124,950 + GST and outgoings.

Investors can sit back and take a long term rental income but also watch this property appreciate over time with annual rental reviews of CPI or 2%, which ever is greater.

Features:

* Land area 1,547m2
* Guaranteed rental growth
* Long lease plus rights of renewal
* Well established business and tenant in place

Price $1,800,000 (6.9% Return on Investment).

Enquire about this property

Christchurch City Area