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• Attractive road front property with established and entrenched tenant
• Returning $232,992pa plus GST with upcoming rental review mechanism upon renewals
• Rare opportunity to secure a large land holding in a sought after and tightly held location
• Extremely functional building with excellent warehouse to office ratios
Located in one of Auckland's most sought after precinct of Penrose, this modern industrial investment is currently returning $232,992pa providing a fantastic investment for astute investors.
This large 2,517sqm fee simple property comprises high stud warehouse with associated single level office and amenities and has good road frontage and a large sealed yard to the front and side.
The warehouse has direct roller door access from the driveway/yard area. A second roller door is located on the northern aspect providing the tenant efficient product flow for inwards and outwards goods.
The office is a good range of open plan and partitioned office with a good size lunch room and lockers for both men and woman.
Overall this is a fantastic functional property that will be extremely sought after.
James Valintine
021 0237 1868
Sunil Bhana
021 938 660
William Gubb
021 145 6811
Please note: the above floor areas are based on the agents measurements, the vendors floorplans, and Property Guru. Prospective purchasers should satisfy themselves as to the accuracy of these areas.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 2 | -m2 | 2024年04月10日 | $1,402,000 | Council approved | |
 | 0.35 km | 2 | 1 | 115m2 | 2024年02月13日 | $1,205,000 | Council approved | |
 | 0.88 km | 2 | 5 | 87m2 | 2024年02月01日 | $1,380,000 | Council approved | |
 | 0.81 km | 2 | 1 | 106m2 | 2023年11月17日 | $746,665 | Council approved | |
0.35 km | 2 | 1 | 98m2 | 2023年11月16日 | $875,000 | Council approved |