26 Toiawaka Road, Drury, Papakura

SOLE AGENCYKey features: 20-year lease to an established occupierReturning net income of $1,298,085pa + GST10-year Rights of Renewal thereafterFixed 3% annual rental growth plus market reviewsBrand new industrial facilitySignificant tenant capital investment within the propertyPrime location within the Drury South Crossing Industrial Precinct Bayleys is pleased to offer for sale 26 Toiawaka Road, Drury, a brand-new industrial investment underpinned by a rare 20-year lease to an established occupier.Positioned within the rapidly expanding Drury South Crossing Industrial Precinct, the property comprises a newly developed industrial facility purpose-built to support the tenant's long-term operational requirements.A key feature of the investment is the significant capital commitment made by the tenant within the property, reflecting a substantial investment in the location and reinforcing the strategic importance of the facility to its operations.Returning net income of $1,298,085pa + GST and outgoings, the lease provides fixed 3% annual rental growth together with periodic market reviews, delivering a structured income profile over the long term.Opportunities to acquire brand new industrial assets with a 20-year lease term are exceptionally limited. Investors seeking long-dated income from a modern industrial facility in one of Auckland's premier growth locations should give this opportunity serious consideration.For further information, contact the sole agents:Greg Hall021 023 21884greg.hall@bayleys.co.nzPaul Steele021 494 111paul.steele@bayleys.co.nz