The opportunity is here to purchase one OR two childcare centres – opposite each other in a quiet, central area of Masterton.
Originally residential homes, these properties have been smartly converted and very well maintained. ‘Smartly’ converted so although they are fully compliant for childcare, at a future date they can be easily reconfigured as private homes.
There are commercial leases in place – both to the same tenant. Both are net leases. The tenant pays rates and insurance in addition to the rental.
No.43
$30,000pa net plus GST – 5 years + 5 + 5 from 2021
Land 682m² – Building 178m²
No.50
$45,000pa net plus GST – 5 years + 5 + 5 from 2020
Land 845m² – Building 133m²
To be sold by way of Deadline Sale – Closing 1:00pm Thursday 18th August 2022