Units 3 & 4 / 10 Olive Road, Penrose present a well-positioned tenanted industrial investment in the heart of Auckland’s central industrial belt.
Totalling 264m², the property comprises two adjoining industrial units with a predominantly warehouse configuration. The property benefits from 160-amp three-phase power, container capability, drive-around access and seven allocated car parks, while returning $66,000 net pa + GST from an established tenant.
While currently occupied by a food grade tenant, the unit’s only specialised features are sealed floors and drainage. With no built-in chillers or cool stores, it suits standard industrial users as is.
Key Features:
– Tenanted investment returning $66,000 net pa + GST
– Functional food-grade industrial fit-out
– 160-amp three-phase power supply
– Seven allocated on-site car parks
– Container capability and drive-around access
The Central Auckland suburbs of Onehunga, Penrose, and Mount Wellington are the most highly sought-after industrial locations in Auckland. The area is renowned for being within 14kms of both the CBD and Auckland International Airport, making it well-suited to both manufacturing and freight/distribution businesses. The central industrial belt is also in close proximity to a number of residential areas home to a large labour force as well as being in close proximity to Sylvia Park. Onehunga and Penrose in particular have brilliant access to both SH1 & SH20 via their main arterial routes of Neilson Street, Church Street & Great South Road, and have benefited from the recently completed Waterview connection, increasing their accessibility to key West Auckland suburbs.
For more information or to arrange a viewing, call or email our Industrial specialists:
Alex Kenel
022 369 0406
alexkenel@jamesgroup.co.nz
Josh Hansen
029 630 8504
joshhansen@jamesgroup.co.nz
For a full range of currently available properties, check out www.jamesgroup.co.nz
