JLL as the exclusive agent is pleased to offer for sale the tenanted childcare centre investment at 49 Mahutonga Avenue, Beachlands with the following key attributes:
Purpose built childcare centre, Nov 2018
Rental: $208,080 net p/a
Lease: 15 years from March 2019, with ROR’s
Rent reviews fixed 2% annually
Freehold land area 886sqm, floor area 582sqm
Licensed for 73 children
High profile corner site
Rapidly growing suburb with proposed 200 new houses to be built adjacent
Price: $4,160,000
Yield: 5%
Rare opportunity in today's market to find a reliable passive cash flow producing investment such as this in a growth area.
Get in touch with your sole listing agents for more information regarding this property.
