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

Jane Tang

P: 09 36 3 1630
M: 021 78 0 661

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

3/50 Kitchener Street
AUCKLAND CITY , 1010




RealEstate Agents contact details and original listing on www.realestate.co.nz -

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