10 Henderson Place, Onehunga, Auckland

Industrial Investment in Sought-After Onehunga

Bayleys are proud to offer this desirable tenanted investment property located at 10 Henderson Place, Onehunga for sale by way of Tender.

This strategic property offers the following key attributes for purchasers:
- Returning $360,000 p.a. (net) to an established manufacturing tenant
- New 5 year lease term with further rights of renewal
- Standalone freehold site of 3,408 sqm with dual street access
- A grade seismic assessment
- Favourable Light industry zoning

With a well-established manufacturing sector tenant who have been in this premise since 1990 and have recently entered into a new 5-year lease term (with rights of renewal), this property will have appeal to a wide range of astute investors looking for a solid investment opportunity.

The existing building offers an excellent mix of warehouse/manufacturing/office/showroom and amenities with substantial onsite parking and sealed yard area.

This strategically located property, is in very close proximity to Church Street, a main arterial within this location, and enjoys dual street access through both Henderson Place and the laneway of Furley Place, (which runs off Henderson Place).

This location provides for ease of access to the main motorway systems, Auckland CBD, Airport and other key amenities and is one of Auckland most centrally located and sought-after industrial hubs for a range of occupiers and business entities.

This property has been tightly held by the family vendors for over 30 years and their decision to sell represents an exciting opportunity for investors in this tightly held location, where such investment opportunities seldom come to the open market.

For sale by way of Tender (unless sold prior) closing at 4pm, Wednesday 27th November 2019.

Contact the sole appointed agents now for full details of this property including a copy of the comprehensive Information Memorandum.

Mike Adams
021 977 527

Jean-Paul Smit
021 021 61616

James Valintine
021 023 71868