30-32 Hill Street, Onehunga, Auckland Add value industrial investment

Available PropertyFiles:

  • /IEP Report/
    • 30-32 Hill Street, Onehunga - ISA Report (resized).pdf
  • /Information Memorandum/
    • Hill Street 30-32_Approved IM_Apr 2024.pdf
  • /LIM Report /
    • LIM - Hill St, 30-32 (2023).pdf
  • /Lease Documents/
    • Lease Documentation - Hill St, 30-32.pdf
  • /Property File/
    • Property File.zip
  • /Record of Title/
    • CT - Hill St, 30-32.pdf

Property Description

• Multi-tenanted investment, ideal for passive or add-value investors
• Affordable industrial investment with scope to increase rental
• Mixed Use zoning – provides live/work potential or a future redevelopment opportunity
• Versatile configuration with tenancies being a good mix of industrial, commercial and residential
• Sought after developing location within close proximity to State Highway 20 and Onehunga Town Centre

Bayleys Real Estate is proud to exclusively offer 30-32 Hill Street, Onehunga, Auckland to the market by way of Tender (unless sold prior) closing on 4pm, Thursday 14th December 2023.
This extremely well positioned property is within close proximity to Onehunga Town Centre and SH20, providing a variety of options that could be explored by investors to increase income or plan for redevelopment.

The property is split into five functional tenancies. Tenancy one comprises a live/work operation with ground-floor offices, plus first-floor five-bedroom accommodation. Tenancy two comprises an industrial warehouse with offices and amenities. Tenancy three comprises a commercial two-bedroom live/work opportunity that is currently available for lease, providing an opportunity to increase the rental income immediately. Tenancy four is the largest tenancy comprising a functional industrial unit with high-stud warehousing, showroom, office and amenities. Tenancy five provides a true commercial office or live/work option. The office has good natural light with the added benefit of a large deck. The property has the added benefit of ample secure yard/car parking located towards the north of the site.

The premises presents as an ideal opportunity to purchase an affordable industrial investment property with a huge potential upside.

Call your sole agents today for further information or to arrange a viewing.

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

James Were
021 740 032
james.were@bayleys.co.nz

Phil Haydock
021 192 2233
phil.haydock@bayleys.co.nz

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.

Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact James Valintine Bayleys

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

09 375 7431   021 023 71868   james.valintine@bayleys.co.nz   All Listings

James is a Senior Industrial Broker with Bayleys Real Estate Limited. Since his commencement in 2010 with a primary focus on Commercial and Industrial property he has quickly established himself as a specialist in the South Auckland Industrial sector in both sales and leasing.

His knowledge and experience gained in negotiating various sale and lease transactions in both buoyant and difficult markets has seen James become an invaluable resource and trusted advisor to long term repeat clients. Getting James involved early in a project or potential sales or leasing campaign has proven to ensure maximum values are achieved.

Having been involved in numerous property transactions James has been in the Top 10% of Bayleys Salespeople nationwide for 2016/17 and 2017/18.