The subject property is located in the heart of Onehunga and has not been on the market for over 50 years. The site is made up of four (Freehold) titles with a total land area of 4,143m² which includes five buildings with a gross floor area of approximately 2,776m². The property is zoned Mixed Use and has two access points from two separate streets.
The property has five tenancies consisting of both short and long term leases with a holding income of $299,100 per annum. The tenancies are a mix of service, manufacturing and distribution businesses.
The nearby on and off ramps to SH20 motorway and the Onehunga Train Station are within 500m of the property adding significant future upside for a potential residential development.
For further information please make contact today: James Marshall - 021 400 339 - email@example.com Nick Wilson - 027 320 5333- firstname.lastname@example.org
• Four (freehold) titles being 4,143m² land • Five buildings totalling 2,776m² • Returning $299,100 plus GST per annum • Multiple tenancies with short and long term leases • Ample off-street car parking • Sought after central Onehunga location • Onehunga Train Station within 500m