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Penrose

57 O'Rorke Road, Penrose, Auckland

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1,203sqm Floor area

Add Value Opportunity


- Property currently divided into three separate buildings
- Two freehold titles
- Centrally located in Auckland's industrial heartland
- Overseas Vendor instructs "present all offers"

This property offers an abundance of opportunity to any astute purchaser. It benefits from being centrally located in popular Penrose, with easy access to motorway interchanges, with its good mix of offices and warehouse it is suitable for a wide variety of uses.
Currently divided into three separate buildings; each building has it's own power meter,
amenities, pedestrian and roller door access. Additionally the land is two lots of approximately
809sqm each.
Owner-occupiers: Look to secure a strategic location, this versatile building will suit a wide variety of businesses, is blessed with a wide road frontage and offers the ability to lease out a section of the building to help pay the mortgage.
Investors: Have the comfort of multiple tenancies, which creates a split risk investment.
Developers: Explore the possibility of dividing the property into unit titles and or undertaking a redesign/redevelopment

By Negotiation
Trevor Duffin

Trevor Duffin


Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
James Hill

James Hill


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
James Valintine

James Valintine


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Building A


430.33sqm (approximately)

Building B


402.04sqm (approximately)

Building C


373sqm (approximately)

Land Area


Two lots of land being a combined area of 1,619sqm

Total Floor Area


1,203sqm (approximately