SECURE INVESTMENT

Mount Wellington, Auckland City

$775,000

Proposed Usage
Industrial
Floor Area
183.00 m²
Description:
Property ID
1bzxxgc

New 6 year lease to well established tenant (has been on site for the past 9 years). Modern well constructed building in highly sought after Mt Wellington location. Leased for $40,000 p.a. for a new 6 year lease term, reflecting a 5.2% yield on the asking price of $775,000.

KEY FEATURES
• Current rental $40,000 p.a. plus GST and outgoings
• New 6 year lease from 1/7/2017
• Tenant has been on site for 9 years
• Very well established business
• Extremely well-built building
• Asking $775,000
• Yield 5.2%

Enquire about this property

Mount Wellington Area