Commercial

NEW 15-YEAR LEASE PLUS RENEWALS  

41 Timothy Place, Avondale

Industrial Buildings
dollar

Negotiation

Floor area
573m²
Land area
3457m²

Property description

Listing # 4111917|Listed on 5 June

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 listing agents now for further information.

Your notesYour notes
Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

Colin Stewart

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial
14 active listings
Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

Murray Tomlinson

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial
9 active listings

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