New eight year lease


1/2 Fencible Drive, Howick

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New eight year lease | 1/2 Fencible Drive, Howick | 1902091 |      X Close
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New eight year lease


• Well established tenant

• Prime location

• Currently returning $130,989 net + GST

• Rent is increasing to $135,000 + GST and outgoings in November 2019

• Four covered and secure car parks

Long term successful tenant has taken early lease renewal and extends term to protect position for future.

This property investment offers investors a bottom drawer opportunity with built in rental growth, great location and a tenant that has invested significant dollars in fitout. This will appeal to long term property holders.

Dave Stanley

021 326 820

dave.stanley@bayleys.co.nz

Geoff Wyatt

021 982 332

geoff.wyatt@bayleys.co.nz

Geoff Wyatt

Manukau

Licensed under the REA Act 2008

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Geoff Wyatt

Manukau

Licensed under the REA Act 2008

View profile