Top Drawer Strategic Investment

104-140, Neilson Street, Onehunga, Auckland City

Price On Application

Proposed Usage
Industrial
Floor Area
2042.62 m²
Land Area
20000.00 m²
Description:
Property ID
1c1jp8k



Located in a prime position on Neilson Street Onehunga with 160m of road frontage, this quality investment provides income with development upside in the long-term.

Leased to an "A grade" tenant with over 8 years remaining on their initial term and returning $757,209 pa net + gst and outgoings, this is a top drawer investment in a truly strategic location.

Set on a 2.0324 hectare site, this property comprises 2,042.62m² of net lettable area and a substantial 16,385m² yard. The improvements include two industrial buildings and two purpose built structures. The site which is zoned light industry has approximately 10% site coverage.

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Onehunga Area