Invercargill City Median PriceInvercargill City Median Rent | A61 Gala Street, Invercargill | $611,111+ listed in Apr 2014 | Other: | Building size: 355 sqm | Land size: [Measure] | Agent: Holmwood Real Estate Ltd |
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Map | Street view | Nearby | Property Description: | - Long established centre located in prominent central corner location easily accessible to parents. - Includes a licensed 35 person childcare centre and refurbished three bedroom residence above within a well maintained character dwelling. - New 6 year lease in place to new operator with experienced staff. - Annual rental income $55,000 plus GST plus lessee pays 100% of outgoings. - This is an industry with insatiable growth. - Yielding 9% at the vendor's asking price of $611,111 plus GST if any. - Seismic Assessment report using the Initial Evaluation Procedure (IEP) available on request. |
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