• Desirable 1317 sqm of freehold standalone site in the heart of Onehunga
• Approximately 892sqm Building split in to 4-5 units
• Currently fit-out for food grade with chillers/freezers
• Multiple tenancies provide split risk investment with good holding income in place
• Returning approx.$143,000p.a. + outgoing + GST
The property occupies a road front position on Malvern Road which is a cul-de-sac located off Church Street. Its location being easily connected to State Highway 1 & 20, Great South Road and Penrose.
The property has been split into four or five separate units offering a mixture of industrial warehouse with offices and amenities. The secure, gated yard to the northwest of the site, providing excellent access for container devanning or external storage.
Onehunga is a very tightly held industrial precinct where there is limited availability of property. Excellent road and motorway access and a location within easy reach of the Auckland CBD have contributed to Onehunga undergoing significant regeneration in recent years.