Listing #:1644183303

UNBEATABLE LOCATION & PROFILE

Location: 1016A Great South Road, Penrose, Auckland City, Auckland
Property use: Industrial
Floor area: 876m2
Price: Price by negotiatio­n
Here we have a superbly located freehold industrial totaling 876.1m² together with 21 car parks fronting Great South Road. The property comprises a split between high stud warehouse, immaculate showroom and office over two levels.

The property would suit a low maintenance investor looking for a passive income stream or an owner occupier looking to expose their business to one of Auckland's top streets. The current tenant (Self Care Group) provides a passing net income of $143,311 plus GST and outgoings, and their lease expires December 2018. Negotiate the current tenant to stay or occupy, the choice is YOURS.

The property was built in 1996 with concrete block walls and brand new long run iron roof installed in 2018. The building is presented very well and requires no work from a landlord's perspective.

This is an eye-catching location for anyone looking for profile with thousands of cars passing every day. The property is located just 1km from the State Highway 1 interchange, which will allow good accessibility for clients and staff. The opportunities for signage in a location like this are extraordinary.

All information is available on request.

KEY FEATURES:
• 876.1 m² Net lettable area
• 21 car parks
• Holding income with sitting tenant
• High stud warehouse
• Constructed in 1996
• Motorway access
• Signage opportunities
• Ability to split into separate tenancies.
• Vacant possession offers angles
• Container friendly

Agency reference #: 78493
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Price by negotiation
1016A Great South Road, Penrose, Auckland City, Auckland
Price by negotiation
Listed: Fri 25 May, 9:42 am
Nick Wilson
Barfoot & Thompson MREINZ Commercial , Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 3631621
  •  (027) 3205333

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Agent's details

Nick Wilson
  •  (09) 3631621
  •  (027) 3205333
James Marshall
  •  (09) 3631664
  •  (021) 400339
Barfoot & Thompson MREINZ Commercial , Licensed Agent (REAA 2008)
(09) 3580989
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