Investment Opportunity With 15 Years Of Income
An exciting opportunity presents itself to invest in a childcare centre with a 15 year lease in place.
Well situated within the Rolleston township, this property has handy access to the township and also SH1 making kids drop offs and pick-ups very easy.
Rolleston has experienced exceptional growth over the past 10 -15 years and with the opening of the new southern motorway just months away, the ongoing development of industrial properties at iZone, iPort and the new Ngai Tahu development on Hoskyns Rd, this positive growth is set to continue for the foreseeable future. Investors can take confidence in investing in this well-established centre with experienced tenants in such a handy location and in a region with strong growth.
- Current income: $90,000 +OPEX & gst p.a.
- Lease term: 15 years from 02 December 2019
- Rent reviews: To market every 3 years
- Renewals: 3 of 10 years each
The property owner has another project in the pipeline and is keen to have this property sold on or before auction day.
For further information, please contact Paul Middleditch on 027 276 7047 or paul.middleditch@naiharcourts.co.nz