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Versatile Penrose Industrial – Vacant Possession

7 Prescott Street, Penrose

Industrial Buildings
dollar

Deadline Sale

Floor area
622m2
On this page:

Deadline sale

Thursday
4:00pm
04
Dec

Map

Property details

Listing # 048241S | Listed on 10 November

For Sale by Deadline Private Treaty – Closing 4:00pm, Thursday 4th December 2025 (unless sold prior)

Savills New Zealand is pleased to exclusively present 7 Prescott Street, Penrose — a rare opportunity to secure a freehold industrial property in one of Auckland’s most tightly held and strategically positioned industrial precincts.

Positioned on an 809sqm freehold site, this well-configured property comprises approximately 622sqm of functional improvements and will be sold with vacant possession, providing exceptional flexibility for the incoming owner. Whether you are an owner-occupier seeking a central operational base, an investor targeting solid rental returns, or a developer looking to unlock future potential, this property offers an excellent platform for all.

Originally constructed in the 1960s and progressively adapted to meet operational requirements, the improvements include two distinct warehouse bays—an ideal configuration for businesses needing operational separation or the potential for multi-tenancy. The interior features medium-stud warehousing complemented by functional office and amenity areas, providing a practical and versatile workspace.

Located in a well-positioned cul-de-sac, 7 Prescott Street enjoys a secure and private setting while remaining easily accessible and visible to clients, staff, and service vehicles. The street’s quiet nature ensures minimal congestion, while its position just off Penrose Road and Great South Road provides direct access to State Highway 1, proximity to SH20, and convenient connections to neighbouring industrial hubs including Onehunga, Mount Wellington, and Ellerslie. The Auckland CBD lies just 11km to the north, with Auckland Airport readily accessible via the Southwestern Motorway. Public transport options, including nearby train stations, further enhance connectivity.

Penrose remains one of Auckland’s most desirable industrial locations, with extremely low vacancy and consistently strong demand. As Auckland continues to grow and industrial land becomes increasingly scarce, centrally located freehold properties such as this will only become more valuable.

Contact the sole agents to arrange a viewing today

Ben Spence
021 125 6991
mailto:ben.spence@savills.co.nz

Zach Callesen
021 168 2842
mailto:zach.callesen@savills.co.nz

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