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Penrose

9 Prescott Street, Penrose, Auckland

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4,684sqm Floor area
5,623sqm Land area SQM

Private Treaty

(unless sold prior)

Sizeable Penrose industrial investment


- 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

For Sale by Deadline Private Treaty
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

17

Oct

Time4pm
Calander
Calendar
Greg Hall

Greg Hall


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
James Hill

James Hill


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Land area


5,623sqm

WF Label 3


WF Description 3

Zoning


Business - Heavy Industry (Auckland Unitary Plan)