103 Hugo Johnston Drive, Penrose, Auckland

Prime Penrose industrial investment

• New ten (10) year lease to publicly listed NZX company Just Life Group
• Returning $391,350pa net + GST with fixed annual growth
• Significant upgrades throughout, providing a superb working environment
• Functional building with excellent flow and well entrenched tenant

This superbly located industrial investment provides and opportunity for all passive investors to purchase a modern industrial building with a long term lease.

The property is located in Hugo Johnston Drive which is regarded as one of Auckland's most sought after streets due to its access to main arterials and State Highway 1 being within 1km.

Overall, a rare opportunity to purchase an affordable industrial investment to a publicly listed company that ticks all the boxes.

James Valintine
021 0237 1868
james.valintine@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz