1,534.5M² INDUSTRIAL ON LARGE SITE
9-11, Fairfax Avenue, Penrose, Auckland City
- Proposed Usage
- Floor Area
- 1534.00 m²
- Property ID
FOR SALE BY DEADLINE PRIVATE TREATY: CLOSES ON WEDNESDAY 11th APRIL 2018 AT 2:00PM (UNLESS SOLD PRIOR).
This strategic freehold land holding totaling 1,934m² is located on the ever-popular Fairfax Avenue. The zoning of the property is light industrial with multiple access points to the site and building. The net lettable area is approximately 1,534.5m² occupied by "Apex Commercial Limited", a stable and reputable company. The building benefits from a favourable IEP rating along with the ability to split in to multiple tenancies if required.
This property is to be sold with a relatively short lease in place, terms of which are flexible to the purchaser. The market rental for the property is $200,000 plus GST and outgoings per annum (conservative rental breakdown available on request). Whether you are an owner occupier, developer and investor please enquire with your demands.
Penrose is a highly sought-after area for tenants, which will provide certainty for investors looking for a safe investment. Industrial properties of this nature are very rare so don't delay in securing this proven piece of real estate.
Full information pack available on request. Viewings can be arranged during business hours.
• Profile and location
• Freehold title in 2 lots of 1,934m²
• Ample car parking
• 1,534.5m² net lettable area
• Invest, occupy or develop
• Flexible tenancy terms