40 Olive Road, Penrose, Auckland Industrial with upside – occupy or add-value
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Available PropertyFiles:
- Infomartion memorandum.zip
- LIM report.zip
- Property file.zip
- Record of title.zip
Property Description
Key features:• 1,035sqm (more or less) prime freehold landholding zoned Business – Light Industry
• Versatile warehouse with multiple roller doors
• Flexible layout – ideal for single or dual occupiers
• Equipped with three-phase power and gantry crane
• Excellent street frontage with off-street parking and yard area
• Vacant possession – owner-occupiers and value-add investors should inspect
Bayleys are proud to present 40 Olive Road, Penrose for sale by way of Deadline Private Treaty — a unique and strategic opportunity available for the first time in over 30 years.
Positioned on a 1,035sqm freehold landholding with approximately 35 metres of road frontage, this standalone industrial building comprises minimal office and amenity with warehouse space spanning across three adjoining bays, each with their own individual roller door access.
For owner-occupiers, this is a chance to secure your own versatile industrial premises in one of Auckland’s most tightly held industrial precincts — with scope to tailor the layout to your operational needs.
For add-value investors, the property presents significant upside through refurbishing, reconfiguring, or securing multiple tenants to maximise return.
This is an opportunity that is seldom available in the Penrose market. Call today for more information or to discuss your detailed property requirements.
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Contact Jean-Paul Smit
Bayleys Real Estate Ltd, Manukau
Licensed under the REA Act 2008
09 309 6020 021 021 61616 jean-paul.smit@bayleys.co.nz All Listings
Jean-Paul Smit’s part of the very successful Bayley’s Central Industrial team, which he has been apart of since graduating from the University of Auckland with a Bachelor of Commerce, majoring in finance and economics.
Jean-Paul believes that hard work in addition to developing and maintaining strong client relationships are the key to any transaction and he is driven to prove himself in this industry. It is this attitude, complemented with a fresh forward thinking approach in which Jean-Paul will use to achieve his goal of becoming one of the top commercial agents in Auckland.
Jean-Paul was captain of the Auckland Grammar Rowing Eight where he rowed with and competed against a number of current Olympic athletes. He has also trained as a competitive kayaker, again training alongside well known Olympic athletes. It is these experiences where he has developed a strong competitive nature and is not afraid to take on a challenge. In the summer he is a surf life saver for Piha SLSC and often competes for them in the surf boat rowing.
Jean-Paul’s other interests include rugby, golf and cycling.
Contact James Valintine Bayleys
Bayleys Real Estate Limited, Manukau
Licensed under the REA Act 2008
09 375 7431 021 023 71868 james.valintine@bayleys.co.nz All Listings
James is a Senior Industrial Broker with Bayleys Real Estate Limited. Since his commencement in 2010 with a primary focus on Commercial and Industrial property he has quickly 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 and 2017/18.
