Premium Penrose industrial investment

Key features:

• 391sqm (approximately) total floor area
• 293sqm (approximately) clear-span warehouse with 6.6m stud height
• 98sqm (approximately) office over two levels
• Returning $80,000pa net + GST on a new two-year lease
• Six (6) on-site car parks
• Heavy Industrial zoning

Positioned in the heart of Penrose, directly opposite Mt Smart Stadium, this well-presented industrial investment offers a rare opportunity to secure a quality, fully tenanted asset in one of Auckland's most tightly held industrial precincts.

The 391sqm (approximately) building comprises a high-stud 293sqm (approximately) clear-span warehouse complemented by 98sqm (approximately) of office accommodation across two levels. Returning $80,000pa net + GST on a new two-year lease, the property provides immediate holding income while benefiting from six (6) on-site car parks and favourable Heavy Industrial zoning.

Call now for more information or to discuss this investment opportunity.

Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz

Jean-Paul Smit
021 021 61616
jean-paul.smit@bayleys.co.nz