- For sale
For SaleAuction 7th Mar 2024 11:00:00 (Unless sold prior)
On offer is this standalone road front industrial building located in the busy industrial precinct of Otahuhu. Situated on a generous 971m² site, this property offers a 600m² (more or less) clear span warehouse with three phase power and 250m² (more or less) office/amenities split over two floors. Recently refurbished to a high standard, the property is in great condition and offers an exceptional opportunity for owner occupiers looking for a functional and well located building, or likewise astute investors who appreciate generic, well sought after real estate.
One of the property's most attractive features is its favourable zoning, being mixed use. This zoning allows for intensive development of the site, including a change of use to residential or commercial (or a mixture) as well as being able to scale up in height, approximately 4 storey's high.
Centrally located in terms of the wider Auckland area, the property has easy access to major transport linkages, including the Southern and South Western motorways. Close to large nearby labour catchments, Otahuhu benefits from ease of access whilst still offering good bang for buck for buyers. Vacancy across all of Auckland’s continues to sit at historically low levels, particularly within the central precincts.
Contact the sole agents to view what is a great purchase opportunity in a scarce asset class. The vendor wants this sold!