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Affordable investment with international tenant

49 Princes Street, Onehunga

Industrial Buildings
gavel

Auction

Floor area
554m2
Land area
1365m2
Title type
Freehold
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Map

Property details

Listing # 1903158 | Listed on 13 April 2022

• Tenanted investment returning $129,000pa + GST and outgoings

  • Long-standing occupier since 2008 and with over 400 stores in Australasia
  • Extremely well-located freehold site within 500m of the South-Western Motorway
  • Future redevelopment opportunity being Town Centre zoned

This is a fantastic opportunity to purchase an affordable tenanted investment with an international tenant that has occupied the site for over 12 years. The underlying zoning provides an astute investor with a future development opportunity with a height limit of 27 metres.

This functional property comprises a showroom, office, and warehouse and enjoys easy access to State Highway 20 via the Neilson Street on-ramp while State Highway 1 is a five-minute drive to the east.

For more information please contact:

James Valintine

021 023 71 868

james.valintine@bayleys.co.nz

Sam Raines

021 028 66812

sam.raines@bayleys.co.nz

James Hill

021 599 529

james.hill@bayleys.co.nz

Mark Preston

027 393 9286

mark.preston@bayleys.co.nz

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