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Mt Wellington

74-76 Leonard Road, Mt Wellington, Auckland

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2,712sqm Floor area
2,595sqm Land area SQM

Private Treaty

(unless sold prior)

Industrial investment - New six (6) year lease


• Long lease to an established, well entrenched tenant
• Currently returning $400,000 pa plus GST (net)
• 2,712sqm freehold, standalone industrial building on a 2,595sqm site
• Popular Penrose location close to the motorway networks

The property is underpinned by a tenant with over 25 years in business, who have invested significantly in their fitout and infrastructure and offer the security of a bank bond.

This well located passive investment sits in a fantastic central location which is set to grow further with major redevelopment planned nearby. Investors can enjoy the income whilst the area transforms around you.

James Hill
021 599 529
james.hill@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

James Valintine
021 0237 1868
james.valintine@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

17

Mar

Time4pm
Calander
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James Valintine

James Valintine


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
James Hill

James Hill


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Sunil Bhana

Sunil Bhana


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Floor area


2,712sqm freehold, standalone industrial building

Land area


2,595sqm site

Tenanted


Currently returning $400,000 pa plus GST (net)