SOLE AGENCY
After 20 years of ownership, the vendors instructions are clear. Attention all occupiers and add-value investors, here is your opportunity to secure a high profile corner site in the heart of Penrose/Onehunga.
Held in three individual titles, this property presents plenty of add-value potential, not to mention flexibility moving forward for owner occupiers or astute investors.
Benefiting from access via three roads (Church St, Henderson Pl & Furley St) this impressive facility is underpinned by 4,998m² of light industry zoned land. The total net lettable area of the properties is 3,650m² with approximately 3,217m² available to occupy from 1 October 2025.
Split your risk across multiple tenancies or get some supplementary income in place as you occupy part of the site – the options are endless! There is significant holding income in place until 30 September 2025, enabling plenty of time to implement a plan for you and your business.
Opportunities to acquire quality industrial facilities in this tightly held, low vacancy precinct are few and far between. With unrivalled profile to a main arterial, the flexibility with the multiple titles and all the potential this facility affords the next proud owner, this is one opportunity that demands your attention.
Contact the sole agents for all due diligence documentation and to arrange an inspection.
Features:
* 3,649m² net lettable area
* 4,998m² land area
* Held in multiple titles
* Holding income in place
* Corner site on main arterial
* Sought after Onehunga/Penrose location
* Light Industry zoning