Childcare Freehold Investment | ABC Business

Childcare Freehold Investment

$1,100,000 - Manawatu

Industry: Property for Sale / Lease



- Marton is a charming rural town located in the Rangitikei district of the Manawatu-Wanganui region, about 35 kilometres south-east of Wanganui and 40 kilometres north-west of Palmerston North.

- The childcare tenant is a very experienced childcare operator with various centres situated throughout the North Island.

- This attractive purpose built centre is licensed for 59 children on a section of approximately 1900m2 and very good off street parking.

- The Lease commenced in 2016 with an initial lease term of 10 years, and 4 further Rights of Renewal of 5 years each, final expiry 2046.

- The annual rental was just increased on 1 July to the new figure of $78,642.75 plus GST and all normal outgoings.

- Rent reviews are annual at CPI or 1%, whichever is the greater.

Freehold Property Asking Price $1,100,000

Please contact Anthony Gilbert - 021 784 865 or Linda Harley - 022 354 9189 for more information .

To obtain more information please click here to complete a confidentiality agreement

Location: Manawatu

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Our brokers

Anthony Gilbert

021 784 865

Anthony Gilbert

021 784 865

Contact Anthony

Linda Harley

022 354 9189

Linda Harley

022 354 9189

Contact Linda

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