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Onehunga

30-32 Hill Street, Onehunga, Auckland

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1,503sqm Land area SQM
839sqm Floor area

Add value industrial investment


• Multi-tenanted investment, ideal for passive or add-value investors
• Affordable industrial investment with scope to increase rental
• Mixed Use zoning - provides live/work potential or a future redevelopment opportunity
• Versatile configuration with tenancies being a good mix of industrial, commercial and residential
• Sought after developing location within close proximity to State Highway 20 and Onehunga Town Centre

Bayleys Real Estate is proud to exclusively offer 30-32 Hill Street, Onehunga, Auckland to the market by way of Tender (unless sold prior) closing on 4pm, Thursday 14th December 2023.

This extremely well positioned property is within close proximity to Onehunga Town Centre and SH20, providing a variety of options that could be explored by investors to increase income or plan for redevelopment.

The property is split into five functional tenancies. Tenancy one comprises a live/work operation with ground-floor offices, plus first-floor five-bedroom accommodation. Tenancy two comprises an industrial warehouse with offices and amenities. Tenancy three comprises a commercial two-bedroom live/work opportunity that is currently available for lease, providing an opportunity to increase the rental income immediately. Tenancy four is the largest tenancy comprising a functional industrial unit with high-stud warehousing, showroom, office and amenities. Tenancy five provides a true commercial office or live/work option. The office has good natural light with the added benefit of a large deck. The property has the added benefit of ample secure yard/car parking located towards the north of the site.

The premises presents as an ideal opportunity to purchase an affordable industrial investment property with a huge potential upside.

Call your sole agents today for further information or to arrange a viewing.

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

James Were
021 740 032
james.were@bayleys.co.nz

Phil Haydock
021 192 2233
phil.haydock@bayleys.co.nz

Asking Price NZ$3,499,000 + GST (if any)
James Valintine

James Valintine

Industrial Sales and Leasing

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

James Were

Commercial, Development and Investment Sales

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

Features

Opportunity


Multi-tenanted investment, ideal for passive or add-value investors

Passing income


Affordable industrial investment with scope to increase rental

Zoning


Mixed Use zoning – provides live/work potential or a future redevelopment opportunity

Location


Sought after developing location within close proximity to State Highway 20 and Onehunga Town Centre

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