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Industrial with upside – occupy or add-value

40 Olive Road, Penrose

Industrial Buildings
dollar

Deadline Sale

Floor area
813m2
Land area
1085m2
Title type
Freehold
On this page:

Deadline sale

Thursday
2:00pm
11
Dec

Map

Property details

Listing # 1906409 | Listed on 17 November

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.

Jean-Paul Smit
021 021 61616
jean-paul.smit@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

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