A standout industrial property on one of Penrose’s most prominent corner sites offers purchasers a rare opportunity to secure a foothold that guarantees high visibility and exceptional brand exposure, Bayleys salespeople say.
The 1,466sqm freehold site at 898 Great South Road – positioned at the intersection linking the South-Eastern Highway and Church Street – is primed to leverage visibility to more than 28,000 daily passing vehicle movements.
Bayleys South Auckland director James Valintine says that for businesses looking to gain an edge, the site offers an unrivalled opportunity to turn heads and capture attention in one of Auckland’s most sought-after industrial precincts.
“The prominent, road-facing property serves as a billboard, strategically located on a main arterial route, making it ideal for businesses looking to maximise their presence.
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“With a floorplate spanning 1,167sqm (more or less), the site includes a mix of warehouse, showroom, and office space, providing the versatility required to accommodate a broad array of business operations.
“Dual access points from both Great South and Sims Roads, combined with 11 car parks at the front and rear, add to the property’s appeal by enhancing accessibility and convenience for customers and staff.”
Valintine is marketing the property for sale by auction, scheduled at 11:00 am on Wednesday, 25th September 2024 (unless sold prior), with Bayleys colleagues Sunil Bhana and Jordan Brown.
The property comprises 970sqm (more or less) of ground floor accommodation split across a showroom/workshop and warehousing. There are also 197sqm (more or less) of offices and amenities on several levels.
Bayleys South Auckland director Sunil Bhana says the vacant property is a particularly attractive versatile asset.
“While there is an obvious appeal for owner-occupiers seeking to make a lasting impression in a critical industrial area, the subject property presents an abundance of potential for investors and add-value developers who recognise the inherent potential in the flexible configuration, drive-around access, and dual entry points.
“The property’s zoning under Business – Heavy Industrial classification opens the door to opportunities for a wide range of industrial use, including those that require substantial space and established infrastructure surrounded by some of the region’s most productive large-scale operators.”
Located around 12km from downtown Auckland, Penrose is regarded for its strategic location, halfway between the CBD and the International Airport.
The suburb’s industrial precinct is a hub for diverse business operations that leverage proximity to key transport links, including State Highway 1 and the South-Eastern Highway. Historically, it has been a prime location for logistics and distribution operations.
Bayleys South Auckland sales associate Jordan Brown says that Penrose continues to evolve, with Great South Road transitioning into a vibrant commercial hub with a growing number of trade-retail and commercial businesses.
“This step-change reflects the growing demands of the broader region and surrounding residential catchment, adding diversity to local offerings whilst opening the door to new opportunities for businesses to thrive in an increasingly dynamic and well-connected area.
“As industrial property remains in high demand across Auckland, this Penrose site is a prime opportunity for those looking to establish a strong foothold and capture value in a competitive market.
"With its unparalleled exposure, versatile layout, and corner position, it is poised to attract significant interest from purchasers, particularly owner-occupiers seeking to enhance their business presence.”
- Supplied by Bayleys
