Motivated vendor ready to meet the market – present all offers
The property presents an attractive investment opportunity offering a NET return of $122,335.90 pa + gst. Investors can expect rental upside with either fixed annual increases or CPI, whichever is higher along with periodic market reviews, ensuring sustained growth in returns over time.
The childcare investment property is licensed for 52 children with a fantastic local tenant. The current lease has 4 years remaining, with two additional 7-year rights of renewals, leading up to a final expiry in 2042.
The substantial corner-site boasts 3,140sqm of freehold land with a frontages to both SH 16 and Parkhurst Rd.
Don't miss out on this rare opportunity to secure a prime property with promising returns and long-term growth potential.
