Rarely do investments of this nature come available with such a realistic vendor. Unit E, 419 Church Street East, Penrose, offers an outstanding opportunity to purchase a strategically located commercial investment tenanted by a well renowned property company, Southpark Corporation.
Positioned in the popular Penrose industrial area known for its excellent accessibility to wider Auckland only 2 minutes drive to State Highway 1 and just off main arterials Church Street and Great South Road, creating easy access for staff and visitors.
The first floor North facing unit offers a generous light filled space of 487m2. The modern fit-out includes a functional open plan layout with a welcoming reception area. There are 13 car parks included.
Included in the current lease is a 7% management fee, an additional benefit which purchasers will look at favourably.
If you’re looking for a secure investment in a sought after suburb, all in an affordable price bracket, it’s worth inspecting this rare offering today.
For further information please contact the sole agents.
Features:
- Net rental of $107,982 p.a. + GST
- Generous 487m2 of functional office space
- Established long term tenant
- Solid well-presented building with modern fit out
- Accessible Penrose location close to motorway access
- 13 on-site car parks
- Benefit of 7% management fee included
More information: https://www.colliers.co.nz/p-NZL67013637