9 Gladstone Street, Feilding
price TBC
2,023m2
521m2
Long term lease - newly built childcare
This recently constructed (2020) single level building offers a great investment opportunity in the vibrant growing town of Feilding. Leased to Puddleducks Nursery and Preschool on a twelve year net lease from July 2020, with a current rental of $190,125pa plus GST and outgoings. The 2023m2 property (more or less) is located on the fringe of Feilding's CBD opposite New World supermarket, a busy and upgraded commercial location. The 523m2 building (more or less) was purpose built and includes teaching areas, kitchen, staff room, laundry as well as outdoor play areas and on-site carparking. Puddleducks is a long-standing business, operating successfully for over twenty years, and has seven facilities across Feilding, Palmerston North and New Plymouth. Feilding is experiencing continued growth with a primary catchment of around 16,800 people and forecasted to grow to over 22,000 in the near future. Sold by Tender. • 12 year net lease • $190,125 + GST p.a net rent • Newly constructed • Secure rental return • Established tenant
Chattels
9 Gladstone Street, Feilding
Web ID
BC98329
Floor area
521m2
Land area
2,023m2
District rates
$11,565 incl GSTpa
Regional rates
$1,040 incl GSTpa
LV
$370,000
RV
$1,580,000
price TBC
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