39 Station Road, Penrose, Auckland

NZ Post Portfolio

For Sale by Deadline Private Treaty
Closing 4pm 18th November 2016 (unless sold prior)

- Well leased freehold standalone investment
- Excellent high profile position on Station Road
- Fully leased providing a cash flow of $63,000 + GST pa
- Opportunity to add value through rental growth

An affordable freehold standalone consisting of ground floor retail and offices complete with onsite car parking. The building has a favourable seismic rating and its 822 square metre freehold site offers potential add value opportunities.

The property is located on Station Road, Penrose, a well-known address in the heart of this established industrial precinct. The property is surrounded by well established companies and offers close proximity to the Penrose Train Station.

This property is fully occupied by a single tenant and provides an attractive cash flow of $63,000 plus GST (pa) net.

See more at www.nzpostportfolio.co.nz