199 Rodney Street, Wellsford, Rodney

Affordable Wellsford freehold investment

• Growing Wellsford township location
• 70% IEP (Seismic) rating
• Fee simple site with Business Town Centre zoning offering numerous future development opportunities
• Currently returning $32,000pa plus GST from NZ Post & Kiwibank on a new six year lease

Located in a fast growing north Auckland suburb experiencing aggressive residential development with over 1,000 homes expected in the next five - ten years. Wellsford is a tightly held commercial market consequent of very low tenant vacancy rates. Positioned on State Highway 1, the property benefits from over 10,000 traffic movements daily.
Surrounded by well established tenancies such as Mobil, cafe's and takeaway restaurants, the property is tenanted to Kiwibank/NZ Post returning $32,000pa plus GST. Will suit both astute and first time investors.

For further information, contact the SOLE agents today

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

Henry Napier
021 024 64785
henry.napier@bayleys.co.nz

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz