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Childcare Centre Property Investment 7.35% Yield 10 Year Term
Listing: #BPW01075
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About this Business for sale in Bay of Plenty
Childcare Centre Property Investment 7.35% Yield 10 Year Term
This purpose-built childcare centre with a new lease is offered for sale and will appeal to those investors looking for a quality building, a good yield and a strong tenant.
The centre was built in 2008 and is located in residential Rotorua (zoned Residential 1) sitting among quality dwellings.
The initial term of the lease is 10 years (9.5 years to run) with 3 x 6 year rights of renewal.
Interested? Give me a call on 027 9195478.
***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.
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*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.