41 Timothy Place, Avondale, Auckland City, Auckland

This Rosebank Peninsula property is leased to a prominent publicly listed industrial tenant on an initial 15-year term commencing 30 April 2025. The first 1x10 year Right of Renewal is due in 2040, and the second 1x10 year renewal is due in 2050.

• 15 year lease from April 2025, returning $219,695 + GST net per annum
• Fee Simple land area 3,457m²
• Versatile Heavy Industry zoning
• Main building construction circa 2000
• ADLS lease, variations to suit tenant business use
• >70% NBS seismic
• Conveniently located in one of Auckland's premier industrial precincts, close to Auckland's North-Western Motorway (SH16)

Such well-leased and affordable industrial property investments as this are rare and worthy of serious attention. Call the sole agents now for further information.