Long Term Lease - High Profile Investment
772, Great South Road, Penrose, Auckland City
- Proposed Usage
- Floor Area
- 730.00 m²
- Land Area
- 663.00 m²
- Property ID
- Freehold standalone industrial investment
- 8 year lease term from 1 September 2018 to established tenant
- Fully leased returning $120,000 (+ GST and outgoings) with two yearly market rent reviews
- Strategic location in the heart of Penrose on Great South Road
- Recently refurbished building
This well presented property offers a sought-after long term lease with an excellent high profile position.
Located approximately 10km from Auckland's Port and CBD, 14.5km from the Auckland International Airport and offering close proximity to a number of nearby commercial precincts including Greenlane, Mt Wellington, Onehunga and the nearby Central Park Corporate Centre.
Overall, a sought-after investment opportunity that deserves your consideration.