LONG LEASE - PURPOSE BUILT CHILDCARE INVESTMENT

80 - 82 Peter Street, Ashburton

Investment For Sale

Auction to be held at 10am Thursday, 29 Jun 2017 (Unless sold prior)
Land Area: 2,023.00 m2.    Floor Area: 592.00 m2.    

Jigsaw Preschool Ashburton

Description

80 - 82 Peter Street is a rare opportunity to secure a purpose built childcare investment, with a long term lease in place, in the heart of Ashburton. The property is leased to an established childcare operator with years of experience in the industry.

The property was built in late 2010 specifically for an early learning center/pre-school business. It comprises a single level building to accommodate 75 children under the current licence. The complex also includes significant on-site car parking, developed outdoor play areas and appealing landscaping. The property is leased to Jigsaw Preschools Limited with approximately 14 years remaining on the initial lease term after an early execution of the first renewal period.

It is not often an asset of this quality is taken to the market, however, the vendor has had a change of direction and wants to pursue other opportunities.

The property is offered to the market by way of auction on  29 June 2017 at 10am, 181 High Street, Level 1, Building 1, Christchurch.

Do not miss this opportunity to secure a quality asset and enjoy the benefits. Call the sole agents for further details.

80 Peter St Ashburton from Walk Through on Vimeo.

Features

  • Land Area Circa - 2,023m²
  • Building Area Circa - 592m²
  • Constructed late 2010
  • Long lease term
  • 100% NBS
  • Passing Income Circa $166K
  • Licensed for 75 children

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