Acquisition Settled - 200 Neilson Street

rrr is pleased to confirm the successful settlement of 200 Neilson Street in Penrose. Occupied under a triple net lease providing stable income and underpinning the investment fundamentals, the site is strategically positioned within one of Auckland’s most established industrial precincts and benefits from Heavy Industry zoning.

We look forward to forging a strong landlord-tenant relationship with Blair’s Supertyre Distributors and supporting their ongoing long-term operations at the site.

Thanks to Nick Wilson of Barfoot & Thompson for working constructively with rrr throughout the process and helping bring the transaction to a successful conclusion.