Central Penrose - Occupy or Invest!
Penrose, Penrose, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 3509.00 m²
- Property ID
Enquire about this property
Calling all occupiers and investors - here is your chance to secure 4,299m² of freehold land with 3,509m² of building area in central Penrose.
For Owner Occupiers - there is the ability to take the whole building which would give you the following floor areas;
- 2,194m² warehouse
- 249m² lower stud workroom
- 205m² showroom/reception
- 522m² first floor office
- 309m² Additional mezzanine and amenities
- 900m² approx yard space
Holding income is also available.
Currently returning $275,000 with 1,136m² of vacant warehouse this building has an assessed market rental of approximately $400,000 net p.a plus gst when fully leased making it a strategic investment given its prime location, ability to be multi-tenanted and overall presentation of the property.
Call the agents now to arrange an inspection right away