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Onehunga

57 Angle Street, Onehunga, Auckland

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1,846sqm Floor area
6,189sqm Land area SQM
8 Offstreet

Private Treaty

(unless sold prior)

Heavy Industry heartland - triple net lease


• 6,189sqm (more or less) freehold site with a 1,846sqm (more or less) Industrial building and substantial rear yard area
• Leased long-term returning $333,494 p.a. + GST with built-in rental growth
• Highly sought-after Heavy Industry zoning
• Well-connected location with easy access to both SH 1 and SH 20

A hard-working, versatile industrial property providing long-term, growing cash return, with the benefit of a triple net lease, coupled with strong underlying land values. The property enjoys dual street access and provides for heavy industry use, a scarce commodity in locations this close to Auckland City. The neighbouring property at 63 Angle Street is also for sale and could be purchased together. A hands-off investment in the middle of Auckland's Industrial heartland.

For further information, please contact:
Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz

Mike Houlker
+64 21 945 927
mike.houlker@bayleys.co.nz

James Valintine
+64 21 023 71868
james.valintine@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

21

Sep

Time2pm
Calander
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Sunil Bhana

Sunil Bhana


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

Mike Houlker


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

James Valintine


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

Features

Available


Low vacancy rates in the area with properties of this size rarely available to the market

Location


Located close to Neilson Street, with good access to public transport and motorway networks

Opportunity


Neighbouring site 63 Angle Street is also available for sale separately

Passing income


Long-term triple net lease returning $333,494pa + GST