Tender
Property ID#a090W00001hpo7Q
Tender (unless sold prior) closing 4pm, Thursday 15 August 2019
This freehold standalone property with a substantial existing building circa 2428sqm of floor area offers a unique opportunity to purchase a significant industrial zoned property in one of Auckland's most sought-after industrial and commercial locations.
The 6,392sqm freehold site is of a rectangular shape and enjoys excellent street exposure to Maurice Road and multiple access points along with currently underutilized land to the rear, provides for a range of possible development and expansion options.
The existing two-level building offers a ground floor area of 1,185sqm with a 4.5 metre stud height in part, which was previously used as production and warehousing space (currently utilised as meeting and congregation space) and a first floor of 1121sqm previously utilised as office, the building enjoys a favourable 90% (A grade) seismic rating.
Currently owner occupied by a community organisation, the property is presented and maintained to a very high standard with excellent amenities on both levels, and the vendors will consider a short-term lease back arrangement by negotiation with interested purchasers.
- 6,392sqm standalone freehold site
- Two level building offering 1,488sqm total floor area
- Highly desirable and sought-after Penrose location
- A range of potential options for purchasers
- Business Heavy industry zoning
This property will appeal to a wide range of purchasers, including owner occupiers, investors, developers and land bankers, presenting a truly unique opportunity in this traditionally tightly held Auckland precinct.