Eight Year Lease in the Heart of Penrose

B/419, Church Street East, Penrose, Auckland City

Price On Application

Proposed Usage
Industrial
Floor Area
1596.00 m²
Description:
Property ID
1br4xyy

- Strategically positioned 1,596sqm industrial with superb access and excellent parking
- Eight (8) year lease with a multinational subtenant returning $251,485pa net + GST
- Situated less than 1km from the South Eastern Arterial and State Highway One
- Well presented property with good industrial fundamentals.

Positioned in one of Auckland's premier industrial locations, this property offers investors a passive long term income. The property boasts an excellent mix of high stud warehouse along with well appointed ground floor offices across a single floor plate. The properties strategic location offers superb access to Auckland's motorway network and a 15 minute drive to Auckland's CBD.

Industrial investments of this calibre are a true rarity throughout Penrose and should not be overlooked.

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Penrose Area