Vendor will consider Vendor Finance #
Looking for a secure sound investment in more ways than one – then look no further you need to seriously consider 68 Morningside Road Whangarei – (land and buildings for sale only). This is a truly limited opportunity for you to bolster you existing portfolio or the ultimate foundation investment to build on moving forward.
With any investment – “You need a solid foundation to under pin it “ - With the vendor keen to sell, the rare opportunity to own this prime facility – land and buildings - in the popular Morningside suburb of Whangarei could be yours. This is a chance for an entrepreneurial developer or astute investor to acquire this excellent real estate offering, making this a positive business move. Underpinned by a solid lease running a successful Aged Care Residence coupled with Dementia Care facilities also with an annual lease of $ 157,560 PLUS GST - PLUS OUTGOINGS.
Your investment opportunity - Solidly constructed buildings comprising of a total floor area of approximately 1140m2 enjoying a semi-rural setting feel on 5365m2 of land (more or less). The property is set in spacious grounds with adjoining bush and rose gardens and surrounded by abundant birdlife. Lease in place until 2036 (if all rights of renewal exercised) returning $157,000 Plus GST - Plus Outgoings This is a chance for an entrepreneurial developer or astute investor to acquire this excellent real estate offering that compliments this successful business that is servicing a real community need.
By 2061 it is projected that nearly 30% of the Whangarei District’s population will be over 65 years old, and 5% of that group will be over 85 years of age.
The NZ Dementia Situation - Dementia is a growing and serious concern in New Zealand. In 2011, 48,182 New Zealanders had dementia which is 1.1% of the New Zealand (NZ) population. Statistics show that by 2050, 147,359 New Zealanders will have dementia.
The vendor is happy to consider leaving vendor finance in also - this will be considered on a case by case basis - ask Danny about this today !!