- For Sale
For SaleDeadline Private Treaty 5th Nov 2021 4pm (Unless sold prior)
This is your opportunity to secure an incredibly scarce 4,330m² corner site in Great South Road, Penrose. In one of the tightest markets we have seen precipitated by the pressures forced upon us by Covid-19, this property creates opportunity for both occupiers and investors looking to secure a significant foothold in one of the most popular and central locations in Auckland. For the astute investor or developer there is six months of holding income from settlement, giving plenty of time to secure a new long-term tenant.
The building is a very generic 2,381m² office and warehouse, with all the hallmarks of excellent industrial property; high profile, corner site, functional stud height, excellent access, good ratio of office to warehouse, multiple roller doors, yard area for containers, plenty of staff parking… and the list goes on! The flexible zoning provides for a very wide range of uses.
Motorco.co.nz have operated from the site extremely successfully since 2014, they are able to display 170 cars on site and consistently turnover 75%-80% every month. There is an opportunity to secure the trading business, if this is of interest please enquire (with or without the properties).
Ref #: 20817379