North Shore Childcare Freehold Yearly Rent Review | ABC Business

North Shore Childcare Freehold Yearly Rent Review

$2,900,000 - Auckland

Industry: Childcare


Business has been sold

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 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

Location: Auckland

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Our brokers

Munish Verma

021 113 9768

Munish Verma

021 113 9768

Contact Munish

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