Wellington Building Child Care Centre

Location: Hutt area
Type: Converted community building
Places:
Opportunity:
Current Occupancy:

Gross Fees:
Net Income: $54,600
Net Return: 8.74%
Price: $625,000

Further DetailsAchieving an 8.74% yeild on a purchase price of $625,000 plus GST this recently refurbished building on a 976m2 site presents a great opportunity to enter into the fast growing private childcare sector. With a new 6 year lease and 5 x 6 year ROR of $54,600 plus GST and 2 yearly rent reviews this is an ideal opportunity for a hands off investor.