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Tenanted Industrial Investment in Penrose

5/16 Bassant Avenue, Penrose

Warehouse
dollar

Deadline Sale

Floor area
207m2
Covered park
3
On this page:

Deadline sale

Thursday
1:00pm
14
May

Map

Property details

Listing # MAE26899 | Listed on 16 April

Located at 5/16 Bassant Avenue, Penrose, this modern industrial unit forms part of The District, a newly developed and subdivided complex of six units completed in 2022/2023.

Constructed with a robust steel shell, aerated concrete infill walls, concrete block masonry, and steel framing, the property features a contemporary glazed frontage with aluminium joinery, delivering both durability and street appeal.

The unit offers a versatile industrial layout comprising high-stud warehouse space, mezzanine, and supporting amenities, making it well-suited to a wide range of light industrial users.

KEY FEATURES:

  • Brand new, fully fenced and gated development
  • Approx. 207 sqm total floor area
  • Warehouse stud height ranging from 6.5m rising to 8.1m
  • Large roller door providing easy access
  • Three on-site car parks on title
  • Zoned Business - Light Industry
  • Strong, established industrial location in Penrose
  • Current Rental: $48,000 per annum plus outgoings and GST.

Situated on Bassant Avenue, a sealed and cul-de-sac road extending north from Walls Road, the property benefits from excellent accessibility to Great South Road, State Highway 1, and nearby rail links, positioning it within one of Auckland's most tightly held industrial precincts.

This is a tenanted investment property, offering an attractive opportunity for investors seeking secure income in a high-demand location.

Deadline Sale closing 14 May 2026 at 1:00pm (unless sold prior).

For further information or to arrange a viewing, please contact Sole agent:

Tarun Marwah
022 454 7881
Tarun.marwah@harcourts.co.nz

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