Ilam, 169 Ilam Road CIC54748

With childcare such a high-growth business in New Zealand, the sale of this established childcare centre in Ilam represents an outstanding long-term investment opportunity.

On an 847sqm section, the building has a floor area of approximately 177sqm. There are currently 18 children a the centre and it is proposed for there to be up to 40 children.

The existing tenant is well-established and currently operates an additional 2 South Island childcare facilities. There is 7 years remaining on the lease, which returns an annual income of $85,000+GST+OPEX.

In a popular residential zone, close to the University and sought-after primary schools, this is a fantastic location for a pre-school in terms of convenience and accessibility.

For more information, please contact the listing agent Nick Jiang on M: 021 591 127 or E: nick.jiang@naiharcourts.co.nz

The floor areas are approximate only and have not been independently verified. We recommend the purchaser seeks their own expert assessment from a suitably qualified professional.