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Unit C/5 Olive Road, Penrose

Asking price $415,000 + GST (if any)

Listing Description

Listed: Mon, 27 Jan

ENTRY-LEVEL INVESTMENT / OWNER-OCCUPIER

Unit C/5 Olive Road, Penrose, Auckland City, Auckland

Details

  •   58m² Floor
AttributeValue
Property use
Retail
Agency reference
4054096
Apply Online
http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149692229&sellerId=0

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




Jane Tang


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Agent's details

Jane Tang

Jane Tang

Enquire about the property

Platinum Partner

Barfoot & Thompson

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