B/996 Great South Road, Penrose, Auckland High-profile investment opportunity | Penrose

Available PropertyFiles:

  • Body Corporate.zip
  • Information Memorandum.zip
  • Record of Title.zip

Property Description

• Returning net $122,140pa + GST on a brand-new 3 + 3 + 3 year lease
• High-profile road frontage position on Great South Road
• Well-presented unit comprising showroom, office, and warehouse
• Established industrial location with outstanding connectivity
• Secure passive investment with future rental growth potential

An exceptional opportunity to secure a premium investment property in the heart of Penrose, one of Auckland's most established and tightly held industrial precincts.

Positioned prominently on Great South Road, Unit B/996 Great South Road offers investors a rare combination of high-profile exposure, quality improvements, and secure long-term income.

Underpinned by a brand-new lease to an established tenant, the property provides immediate cash flow and long-term investment certainty. The well-presented unit comprises functional warehouse space, modern showroom facilities, and office accommodation, creating a highly versatile industrial asset.

Its strategic location benefits from outstanding exposure to thousands of passing vehicles daily while offering convenient access to State Highway 1, State Highway 20, Auckland Airport, and the wider Auckland industrial network.

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Contact Matt Dell

Bayleys Real Estate Limited, South Auckland,

Licensed under the REA Act 2008

027 221 9735   matt.dell@bayleys.co.nz   All Listings

Matt is a prominent Bayleys Central Industrial Team member, working alongside colleagues William Gubb, James Valintine, Jordan Brown and Sunil Bhana. With expertise in the St Johns, Mt Wellington, and Otahuhu industrial areas. Matt was recently awarded Bayleys South Auckland Commerical & Industrial ‘Rookie Of The Year 22/23’.

After working for two years in advertising in multiple client-facing positions, Matt understands the importance of working diligently and efficiently to meet his clients' needs. Matt believes that no stone should be left unturned when it comes to helping match the needs of his clients with prospective tenants and buyers.

Along with Matts recent experience in the advertising industry, Matt also has extensive experience in high-level sport, as a former player in the New Zealand Men's Water Polo. This experience has helped teach Matt the importance of commitment and how hard work pays off.

On a more personal note, Matt enjoys spending time on the golf course or heading down to the Coromandel with friends and family.


Contact James Valintine Bayleys

Bayleys Real Estate Limited, South Auckland,

Licensed under the REA Act 2008

09 375 7431   021 023 71868   james.valintine@bayleys.co.nz   All Listings

James is a Director in the Industrial Division with Bayleys Real Estate Limited. Since his commencement in 2010 with a primary focus on Commercial and Industrial property, he established himself as a specialist in the South Auckland Industrial sector in both sales and leasing.

His knowledge and experience gained in negotiating various sale and lease transactions in both buoyant and difficult markets has seen James become an invaluable resource and trusted advisor to long term repeat clients. Getting James involved early in a project or potential sales or leasing campaign has proven to ensure maximum values are achieved.

Having been involved in numerous property transactions, James has been in the Top 10% of Bayleys Salespeople nationwide for 2016/17, 2017/18, 2019/20 and 2024/25, and Top 5% for 2021/2022