Invercargill Commercial Property 12 Year Lease

271 Tweed Street, Invercargill

Investment For Sale

For Sale by Deadline Private Treaty closing at 4pm 4 Oct 2017 (Unless sold prior)    Tenanted Investment
Land Area: 2,024.00 m2.    Floor Area: 552.00 m2.    

Description

This quality commercial property is located in Appleby, an established residential suburb of Invercargill, 1km south east of Invercargill CBD.

The property comprises a 552m² purpose built early childhood centre catering for up to 75 pre-school children, 15 sealed carparks with a drop off zone and comprehensively developed landscaped outdoor play area. The centre offers generous indoor and outdoor areas and sits on land area of 2,024m² on 2 separate Titles.

With a new 12 year lease to established childcare operator, Wee Nippers, this is an outstanding opportunity to acquire a property that features strong investment fundamentals; a long term lease, a strong tenant covenant, a quality purpose built building constructed to modern building standards, and a location with growth potential. 

Call us today to request further information or to discuss your investment requirements.

Features

  • Quality purpose built building, completed in 2012
  • Land area 2,024m² (more or less) on 2 separate Titles
  • Floor area 552m² (more or less)
  • 15 on site carparks with drop off zone and dual access
  • New 12 year Lease to established Center operator
  • Rental income of $165,000 pa + GST + Outgoings

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