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Listing Description
Listed: Mon, 18 Aug
HEAVY INDUSTRY INVESTMENT
165 Neilson Street, Onehunga, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 4083505 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149712549&sellerId=0 |
Description
Deadline sale: Closes on Wednesday 10 September 2025 at 12:00PM (unless sold prior)
The property at 165 Neilson Street, Onehunga, is a Freehold heavy industrial site with large road exposure and positioned in the heart of Onehunga’s industrial precinct.
Sitting on the 2,208m² site are two warehouse structures with associated office totalling 695m² (approx.). Both warehouses have multiple roller door access points and exclusive fenced yards. The property has a strong road frontage positioning and potential future development opportunities.
The property is generating an annual net income of $173,400 + GST. The lease benefits from built-in rental upside, a long-term tenure, and additional security, to make it favoured by investors.
With Te Papapa train station and the Onehunga retail precinct being in such close proximity, the property offers convenience of nearby services and easy access for customers, clients and staff. Added to this is the recently opened Waterview Tunnel connection, which has significantly transformed the Onehunga area.
KEY FEATURES:
- 2,208m² Freehold land
- Two buildings totalling 695m²
- $173,400 + GST per annum passing income
- Circa 28m road frontage
- Heavy Industry zoning
- Prime industrial investment
For further information or to arrange an inspection, please contact the listing agents.