Situated on a 3,140 m² (more or less) freehold corner site with a new 10-year lease and guaranteed annual rent increases, this property has the key attributes of a great investment. The level, large site features a 1900's villa and other buildings that have been renovated and designed specifically for a childcare centre. Currently licensed for 52 children the property has rental income of $100,048 + GST + outgoings. This picturesque rural location is only 40 minutes north of Auckland's CBD. Whether you're looking for a childcare investment or otherwise, don't miss the opportunity to secure this investment. FEATURES: - New 10 + 7 + 7 year lease - Guaranteed annual rental growth - Total land area: 3,140 m² (more or less) - Total floor area: 275 m² (approx.) - Positioned on high profile corner To download the property files please copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/nsc28255