Listing #:1697542590

PART TENANTED INVESTMENT WITH MASSIVE UPSIDE

Location: Penrose, Auckland City, Auckland
Property use: Office
Floor area: 588m2
Price: Price by negotiatio­n
- Strata office title split in to 2 tenancies
- 293sqm Space returning $44,219 net pa
- 295sqm Vacant space (month-to-month currently paying peppercorn rental)
- 17 Alloctaed onsite carparks
- Appraised net rental @ $130,000 or 10.8%

Penrose is a highly desirable industrial area which benefits from its close proximity to both the CBD and Auckland International Airport, being located within 14kms of each as well as being situated next to the Inland port gives the area huge benefits for freight & manufacturing businesses servicing the entire Auckland region. Church Street, Neilson Street and Great South Road serve as the areas main arterials with access to SH1 and SH20 via each of them.

For more information or to arrange a viewing call or email Auckland Industrial Sales & Leasing specialists:

Alistair Billing
021 101 5302
alistairbilling@jamesgroup.co.n­z

Ben Adam
021 209 1339
benadam@jamesgroup.co.nz
NOTE: All prices are exclusive of GST (unless otherwise stated)

Agency reference #: JG01877
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Price by negotiation
Listed: Fri 13 Jul, 11:50 am
Ben Adam
James Group Limited , (Licensed: REAA 2008)
  • Contact details
  •  (09) 2539330
  •  (09) 2539330

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Agent's details

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Ben Adam
Alistair Billing
James Group Limited , (Licensed: REAA 2008)
(09) 2539330
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Expires: Mon 10 Dec, 11:01 am
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