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Penrose - ENTRY-LEVEL INVESTMENT / OWNER-OCCUPIER
Price | $415,000 Plus GST (if any) |
Location | Unit C/5 Olive Road, Penrose |
Type | Retail Property |
Floor Area | 58 m2 |
Land | m2 |
Listing No # | 4054096 |
Listed | 25/10/2024 |
Views | 23 |
Description
This rare opportunity presents a well-established commercial space, operating as a lunch bar for over 20 years, and now on the market for the first time in 19 years. Ideally located in the heart of Penrose, the property serves the bustling industrial and warehouse sectors nearby.
With close proximity to both SH1 and Great South Road, the property offers excellent accessibility and visibility. The current tenant, on a monthly tenancy, is open to staying longer if required, providing flexibility for potential buyers.
Whether you're seeking an entry-level investment or an owner-occupier opportunity, this versatile space offers great potential in a thriving industrial zone.
KEY FEATURES:
- Established lunch bar with floor area of 58m² (approximately)
- Convenient motorway access
- Two exclusive car parks
- Current tenant on monthly tenancy, with flexible terms
- Ideal for investors or owner-occupiers in an industrial zone
Contact our agent
Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial
AUCKLAND CITY , 1010