Long Lease, Strong National Tenant, Inflation Proof Your Investment!
Listing: #BOP00617About this Freehold for sale in Whakatane
Long Lease, Strong National Tenant, Inflation Proof Your Investment!Long Lease, Strong National Tenant, Inflation Proof Your Investment!
This well-presented freehold Early Childhood property covers 3036 square metres in the heart of Whakatane and boasts a long lease to a strong and respected national tenant.
There are two main buildings across three titles with the main building being purpose-built. The centre also has an extensive outdoor play area with storage sheds and a pool together with ample parking.
The long lease is CPI-linked ensuring that your investment is inflation-proofed. In addition, childcare properties are seen as one of the most desirable commercial property investments with generally long leases and stable tenants who are mainly government-funded.
- Land area 3036 sq metres
- Main buildings 539 sq metres
- $175,111 plus GST and outgoings (7.14% on asking price)
- Annual CPI adjustments
- Strong, national tenant
- Main building purpose-built
- Excellent location within a residential area close to the CBD
This is an excellent opportunity to own an impressive property in a vibrant community in the Bay of Plenty.
Price: $2,450,000 plus GST if any
Roger Brockelsby, 027 919 5478, roger.brockelsby@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#buybusiness #freehold #bayofplenty #childcare
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.