Childcare property with future potential.
-Rent reviews are annual - greater of CPI or 2%
-Annual rental approx. $160,000 plus GST
-Long lease of 15 years including rights of renewals
-Next annual rent increase due July 2020
-Tenanted to an experienced childcare operator
-A large section of more than 2,100m2
-Sale price $2,900,000 (+ GST if any)
Investors have an opportunity to purchase an established Childcare Freehold, strategically located on a main arterial road close to a shopping centre and other amenities. Servicing north Auckland's rapidly expanding commercial and residential precincts in the area with a new infrastructure development budget recently announced for the area, this can also be a future land banking opportunity.
The unit has been built with durability and ease of maintenance in mind. This passive investment opportunity on a main arterial road will suit investors looking for regular rental growth and/or land banking a large section for the future in a popular suburb.
Please return a confidentiality agreement to MunishV@abcbusiness.co.nz if you would like to discuss this Prime Investment Opportunity.
Further information will be provided strictly to genuinely interested parties.
For a confidential discussion please complete our online confidentiality agreement.
Use this link to get started www.ds4u.cc/abc?ref=31641