Montessori Childcare on brand new 15 year lease

8, Valley Road, Waiuku, Franklin

Price On Application

Proposed Usage
Retail
Floor Area
160.00 m²
Land Area
1047.00 m²
Description:
Property ID
1c1lrmh

- Brand new 15 year lease plus further rights of renewal
- On 1,047m2 (approx.) of Mixed Housing Suburban zone, freehold corner site
- Returning $104,000 pa + GST and Outgoings
- Superb tenanted investment opportunity with a fixed rental growth of 2.5% per annum

Located in the emerging centre of Waiuku, the property comprises a childcare centre consented for 40 children. The property is 700m from Waiuku Primary School and is in close proximity to View Road School.

With a long term tenant in place to a proven Montessori operator, this is an ideal chance for investors to acquire a low maintenance asset with long term stability.

For more information please go to: http://www.propertyfiles.co.nz/property/1901663

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Waiuku Area