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Penrose

135 Station Road, Penrose, Auckland

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1,254sqm Floor area

Owner-occupier opportunity with income


• 926.25sqm (approximately) vacant fully refurbished industrial with a further 328.21sqm (approximately) tenanted
• Both tenancies comprise a functional configuration or easily amend to suit
• Tightly held industrial/commercial precinct with extremely low vacancy rates
• Rare opportunity to occupy with income and future growth or invest in a split-risk industrial

Providing good frontage onto Station Road, this extremely tidy industrial building should be considered by both owner-occupiers and investors. The configuration provides two tenancies both comprising a high stud warehouse, office and amenities. Ample allocated on-site car parking is provided for both tenancies, with separate access to each tenancy off Station Road and Olive Road respectively.

This unique industrial property offers owner-occupiers an opportunity to occupy a fully refurbished property (tenancy 1), with the income from the separate tenancy (tenancy 2) off Olive Road. This not only provides income but allows a future growth opportunity.

Don't miss this opportunity in an extremely tightly held location!

For more information, please contact:
James Valintine
+64 21 023 71868
james.valintine@bayleys.co.nz

Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz

William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

7
Aug

Time4pm
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James Valintine

James Valintine

Industrial Sales and Leasing

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

Sunil Bhana

Director - Capital Markets, Industrial and Logistics

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

William Gubb

Industrial Sales and Leasing

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

Features

Opportunity


Occupy tenancy 1 being a refurbished 926.25sqm industrial with the benefit of income from tenancy 2 or invest in a split risk industrial property.

Multi-use


Vacant tenancy has recently been refurbished. Ideal for trade retail/warehousing.

Location


Extremely well located in Central Penrose with excellent profile onto Station Road.

Available


Comprises warehouse, office and amenities across two tenancies.

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