Land Area 645sqm

Floor Area 100sqm

Term of Lease 5 years from March 2015

Rights of Renewal 4 x 5 years

Net Rental $40,000 per annum

Evolve Group purchased the Rascals business in March 2015 and has negotiated a long term lease option of 25 years.

The tenant has acquired several of New Zealand's leading childcare businesses including Lollipops, Educare, PORSE and Au Pair Link.

This facility was established in 2008 for the provision of childcare for 3-5 year olds and has a capacity 22 Children.

For Sale $700,000 + GST (if any)