41 Timothy Place, Avondale, Christchurch City

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 annumFee Simple land area 3,457m²Versatile Heavy Industry zoningMain building construction circa 2000ADLS lease, variations to suit tenant business use>70% NBS seismicConveniently 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.