Colliers present exclusively to the market for sale 1 Te Arakura Road in Newbury, a purpose-built childcare facility with a 6 year lease term in place and a net rental of $123,000 per annum.
The property has an excellent location for both urban and rural commuters being situated on State Highway 54.
The facility is designed to provide a welcoming and nurturing environment and comprises of a purpose-built “barn like” building constructed in 2011, situated on a rural zone parcel of land approximately halfway between Palmerston North and Feilding.
The building is set on an expansive piece of rural zoned land offering potential purchasers the opportunity to land bank whilst retaining holding income, allowing forward thinking investors the time to plan for the future.
For further details or to view this property please call the Colliers team today.
(Note. Floor and land areas are indicative only).
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