74-76 Leonard Road, Mt Wellington, Auckland

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