- For Sale
Rarely does such a centrally located industrial property come to market. Here is your opportunity to add value through occupation or development. Buy one or buy both!
The two adjacent warehouse/office buildings have a combined net lettable area of 9,276m², with each combining medium-stud industrial space with well fitted-out office accommodation. The improvements automatically lend themselves to a traditional industrial, office or possibly community use whilst the location also opens up the potential for considering a change in use.
The improvements sit on separate cross-lease titles forming an approximate 81% (approx) total share of the underlying 2.6468 hectare title.
Short term holding income is available for 16 Leonard Road, and potentially also 34 Leonard Road, while you secure new long term tenants or work through your occupation/redevelopment plans.
The property is superbly located and benefits from being situated on the border of the Mt Wellington industrial and residential zones. From an industrial perspective, Mt Wellington continues to be one of the best performing industrial locations in Auckland.
Ref #: 20695419