Sizeable Penrose industrial investment

9, Prescott Street, Penrose, Auckland City

Price On Application

Proposed Usage
Industrial
Floor Area
4684.00 m²
Land Area
5623.00 m²
Description:
Property ID
1c391sf

- Sole agency
- Desirable 4,684m2 industrial investment in the heart of Penrose
- Brand new leases in place with first renewals in 2024
- Ideal investment for investors looking for attractive yields and established tenants with long leases
- Two new leases returning $646,194 providing a great passive investment

Large Penrose property and land package situated in the heart of the commercial and industrial precinct. This substantial offering presents a great opportunity for passive investors that should not be overlooked.

Comprising a mixture of warehouse and office across two tenancies, this property ticks all the boxes.

For further information on this property or any further property requirements, please contact:

Greg Hall
021 0232 1884
greg.hall@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz

Enquire about this property

Penrose Area