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0424 370 025

Freehold

Passive Investment NSW
Mid North Coast
REFERENCE
596
LOCATION
Mid North Coast
NUMBER OF PLACES
90
RENT (PER ANNUM)
$195,000
SALE PRICE
$3,120,000

Brilliant opportunity to take advantage of Childcare Centre passive investment on enormous block of land in high growth area. Large swathes of land opened for residential living. Also possible increases licence size in the future (subject to Council approval) with the tenants co-operation owing to size of land. New long lease on offer 15 years plus 2 x 10 year options. Greater of 3% or CPI annual increases. Net rental $195,000 tenant pays 100% of outgoings. Very well presented and profitable centre. For further details please contact Andrew Urquhart on 0408 439 762.

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