SOLE AGENCY
For Sale by Negotiation
Positioned within the tightly held Penrose industrial precinct, Units 3-4, 10 Olive Road present a functional warehouse opportunity suited to a range of industrial, manufacturing, food production and distribution occupiers. The premises benefit from a predominantly warehouse configuration with minimal office, maximising operational efficiency and usable floor area.
The warehouse is complemented by a food-grade fit-out including extensive drainage, a substantial 160 Amp three-phase power supply, and a single electric roller door providing efficient access. A 4.2-metre stud height and container-friendly design further enhance the property's practicality for storage, production and logistics users.
With seven allocated on-site car parks and excellent connectivity to Auckland's key arterial routes, this is a versatile facility in one of the city's most established industrial locations.
Olive Road is located just off the busy arterial of Station Road that connects Penrose to the wider central industrial areas and beyond.
Penrose’s popularity can be attributed to its ease of access to State Highway 1 and 20, its relatively short distance from the CBD, good access to Auckland International Airport via SH20 and its close proximity to the nearby labour pools of Onehunga, Mt Wellington, Ellerslie and Greenlane. Its accessibility makes it an industrial hot spot for tenants, owner occupiers and investors and consequently consistently boasts a lower vacancy rate than other geographical areas.
According to NZTA, the Penrose/Onehunga area generates around 8% of Auckland’s GDP, employs more than 68,000 people. As the engine room of New Zealand’s industrial and manufacturing economy, the Penrose/Onehunga area is a key piece in the region’s transport network. Many of the largest distribution and logistics facilities are based in the area because it is close to state highways, the rail network, the airport, inland ports and the port.
Contact the sole agents today for more information.
Greg Watson +64 21 083 13534
James Dickey +64 21 026 81093
Features:
* Food-grade fit-out with drainage infrastructure
* 160 Amp three-phase power supply
* Electric roller door
* Container-friendly access
* Minimal office to warehouse ratio
* Seven allocated on-site car parks
