FIRST TIME ON THE MARKET FOR 27 YEARS

134, Captain Springs Road, Onehunga, Auckland City

Auction

Proposed Usage
Industrial
Floor Area
1002.00 m²
Description:
Property ID
1bz48yw

The property at 134 Captain Springs Road is a freehold industrial property that is on a Light Industrial zoned site totalling 1,343m². The building was constructed in the 1970's and has a totaling building area of 1,002m² being 90/10 warehouse to office ratio.

The property is currently leased to Vaico Limited with a net rental of $109,800 plus GST pa. There is a 3+3+3 lease term in place with market rent reviews being every two years from commencement.

The building has a near new roof and guttering, 3-phase power, near new wiring and switch board. This property is exactly what tenants are after and with everything done already, you can sit back and put this one in the bottom drawer or you could occupy once the lease expires.

With Te Papapa Train Station and the Onehunga retail precinct being in such close proximity, the property offers convenience of nearby services and easy access for customers, clients and staff. Added to this is the imminent construction of the East/West link and the recently opened Waterview Tunnel connection; this all bodes well for the Onehunga area.

Call now for further information or to arrange an inspection.

• 1,343m² freehold site
• 908m² warehouse with 94m² office
• Light Industrial zoning
• Sought after street with high exposure
• Container access and car parking

Enquire about this property

Onehunga Area