STRONG PENROSE INVESTMENT

Penrose, Auckland City

$1,750,000

Proposed Usage
Office
Floor Area
487.00 m²
Description:
Property ID
1c6hbpd

Located in the heart of Penrose, this well appointed office unit represents an affordable and reliable commercial investment for family trusts and passive investors. Comprising a modern office suite of 487m² with 13 car parks, the tenancy is leased to an established company who have occupied the site for many years.

This is a great opportunity to purchase an investment in an ever popular location with long term holding income at a price well below replacement cost.

The property is located near the Great South Road and Church Street intersection and has close proximity to State Highway 1 on and off ramps, allowing for easy access to CBD and throughout Auckland.

KEY FEATURES:
• Quality, low maintenance commercial investment
• Returning $105,520 per annum plus GST and outgoings
• Rare opportunity in tightly held location
• Easy access to motorway and good car parking
• Excellent addition to any property portfolio

For further information please make contact today:

James Marshall - 021 400 339 | j.marshall@barfoot.co.nz
Nick Wilson - 027 320 5333 | n.wilson@barfoot.co.nz

Enquire about this property

Penrose Area