12/05/2025
For Sale - 894 Great South Road, Penrose, Auckland
Premium Industrial Investment
Deadline Private Treaty 11th Jun 2025 16:00:00 (Unless sold prior)
- Tenant: The Ribbon Rose – established national retailer with new flagship HQ
- Lease Term: 8 years from 2023 (6 years remaining)
- Net Income: $551,668 + GST + OPEX per annum
- Site: 2,585m² freehold corner site with excellent visibility
- Building: 2,470m² high-spec construction (completed 2020)
- Zoning: Business – Heavy Industry with consented retail use rights
- Location: Strategic position with easy access to SH1, SH20, the CBD and Airport
Positioned on a high-profile corner of Great South Road in Penrose, this modern industrial investment presents a rare opportunity to secure a quality asset with a strong tenant covenant and excellent exposure.
Contact the expert agents today for more information.
Gawan Bakshi +64 21 31 31 48
Hamish West +64 21 882 737
Learn more https://bit.ly/4m6i1Lf