Platinum Partner
Listing Description
Listed: Thu, 12 Mar
INDUSTRIAL ASSET - AUCTION DEADLINE LOOMS!
Unit 4/1 Porters Avenue, Eden Terrace, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Property ID# | AEA248 |
| Agency reference | 4104081 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149721916&sellerId=0 |
Description
Auction: 34 Shortland Street, Auckland City on Wednesday 1 April 2026 at 10:00AM (unless sold prior)
- $113,000 net annual return
- 460m² high utility office/warehouse
- 12 marked on-site car parks
- Secure passive income with proven rental upside
Seize this rare inner-city industrial opportunity before the hammer falls.
Offering exceptional versatility and significant growth potential, this 460m² dual-purpose asset is a standout performer. The configuration features a functional high-stud warehouse with seamless cart dock access via a roller door, paired with a premium office/showroom designed to impress.
With 12 marked car parks, on-site parking is a major competitive advantage. Currently anchored by two established tenancies generating a robust $113,000 net per annum, the property is perfectly positioned for the future. Located just minutes from major motorway interchanges and timed to capitalise on the imminent opening of the CRL Mt Eden station, this is a high-conviction investment in one of the city’s most supply-constrained fringe locations.
Our instructions are clear: this must be sold.