An outstanding opportunity to secure a quality industrial investment in one of Auckland’s most sought-after and tightly held industrial precincts.
Key Features:
- Net Rental: $458,328 + Opex + GST per annum
- Land Area: 3,408sqm (more or less)
- Established tenant in business 50+ years
- Occupied since construction in the late 1980s
- Fixed 3% annual rental increases
- Personal guarantees from company directors
- Dual access via Henderson Place and Furley Place
- Multiple roller door access points
The property is underpinned by a long-standing and established tenant who has occupied the premises since it was built — a strong endorsement of both the location and functionality of the asset.
The current lease structure provides reliable income growth through fixed 3% annual increases, while sitting below current market rental levels — presenting clear and realistic rental upside in future review periods.
Dual road access enhances operational efficiency, with multiple roller doors supporting seamless truck movements and yard functionality — key fundamentals investors look for in this tightly held Onehunga precinct.
Industrial investments of this calibre, combining proven tenancy, built-in growth and long-term upside, are rarely available.
For Sale by Deadline, closing 4pm Thursday 26 March 2026 (unless sold prior).
