Freehold adding value Investment


222 Onehunga Mall, Onehunga

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Freehold adding value Investment | 222 Onehunga Mall, Onehunga | 1686453 |      X Close
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Freehold adding value Investment


•273sqm freehold title in heart of Onehunga Mall main retail stirp

•Solid 2 levels building with 75% NBS

•Local Town Centre zoning with planning of 27 meters height control

•Multiple income streams from commercial & residential tenants with upsides

•Dual street access with large council parking at rear (Gerrard Beeson Place)

Sought-after adding value opportunity in heart of Onehunga Mall town centre adjoining great neighbours such as Barftoot Thompson office and steps away from local shopping landmark - Dressmart Outlets Mall; this a freehold commercial building with dual street access; fully leased to 2 x commercial tenants on the ground floor and a four bedroom residential apartment on 1st level with separate entrance at rear; constructed in the 1960s, the total building area is circa 250sqm with 140sqm on the ground floor and circa 110sqm upstairs.

The site is in the centre of Onehunga's commercial retail strip which in recent years has seen a rapid increase in demography growth and commercial investment hotspot. The suburb is gentrifying as young families and professionals move into the area, bringing demand for quality retail and services. This positions Onehunga as a fast growing commercial precinct that has its best years coming up.

222 Onehunga Mall, Onehunga

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