A major new industrial development in Penrose-Onehunga developed by Goodman NZ, one of New Zealand’s most respected and experienced industrial specialists, has been released to the market, offering a choice of units and large format warehouses for sale or lease.
Located at 37-39 Felix Street, the project will deliver secure, industry-leading space in a precinct where very little new stock has been built in recent years.
Works are scheduled to begin in late 2026, with the project expected to resonate with owner-occupiers, investors and tenants, with the masterplanned site set to support a wide range of modern warehousing needs.
The development comprises two distinct offerings, with industrial units and substantial warehouse facilities available. Units A to I offer 479sqm to 1,185sqm of warehouse space with high quality office components, supported by various yard sizes and canopies. These units will suit small trade operators through to mid-scale businesses seeking modern, energy-efficient premises.
Start your property search
Warehouses 1 to 4 provide larger format options from 2,611 to 5,575sqm with varying office ratios, along with substantial yards and canopies. These facilities are designed for major logistics operators and high volume industrial users.
All buildings target Green Star accreditation and incorporate sustainable features including lower carbon concrete, solar panels, EV charging, automated LED lighting, double glazing and low flow fittings. The design prioritises natural light, efficient layouts and generous stud heights, with the units offering an 8-metre stud and the warehouses offering a 10-metre stud for greater cubic capacity. The development also provides convenient parking, dedicated bike facilities and easy access to nearby town centres, childcare and fitness amenities.
Goodman NZ says Felix Street has been carefully masterplanned to provide efficient circulation and access throughout, creating a connected industrial hub for a diverse range of businesses. Bold, contemporary architecture reflects quality, durability and performance.
Flexible industrial units feature four-metre-high facades suited to offices, trade facilities and showrooms, while larger warehouse buildings are distinguished by premium aluminium cladding, glazed frontages and architectural detailing that create a strong street presence.
The units and warehouses are available for sale or lease, with enquiry to Sunil Bhana, James Valintine, or Scott Campbell of Bayleys.
Located at Auckland’s geographical centre, the development links to State Highway 1 and State Highway 20 and is close to MetroPort Auckland, an inland port with rail connections to Tauranga and Hamilton and one of New Zealand’s largest container terminals. Bhana says this sets the project apart, with Onehunga’s proximity to the CBD providing another strong strategic advantage for distribution, logistics and customer reach.
“There has not been much new stock delivered in this part of Auckland recently, so this is an opportunity for forward-thinking buyers or occupiers to secure a brand new unit or warehouse in a premium position.
“The ability to buy or lease gives businesses genuine flexibility to align their property decisions with long-term operational needs.”
He says Goodman’s involvement is a major drawcard for occupiers and investors given their track record in the industry.
“Goodman is widely recognised as a leader in the industrial development space, with their projects consistently setting benchmarks for quality, sustainability and functionality, and Felix Street is no exception.
“We are already seeing interest from trade users, logistics operators and businesses wanting to upgrade into modern, energy efficient facilities. The location, design and scale of this development make it one of the most compelling industrial opportunities in Auckland this year.”
The site is positioned between Te Papapa Train Station and Penrose Train Station, with multiple bus routes along Church Street and Mt Smart Road, making staff commuting simple and reliable and underpinning long-term appeal.
- Supplied by Bayleys
