SOLE AGENCY
Unlock the potential of this 1,307m² freehold site in the heart of Ōtāhuhu, featuring a recently refurbished 807m² (NLA) building which has the potential to be split into three separate units. Zoned Light Industry, the property offers drive-through access, high-profile retail frontage to Station Road, ample onsite parking, a spacious front yard accessed via dual vehicle crossings and a secure fenced rear yard — making it a strategic purchase for both owner-occupiers and investors.
Each unit comprises clear-span warehousing with roller door access and associated office and amenity areas and are individually metered, providing excellent flexibility via multiple split-risk income options. With minimal office space in each unit the property lends itself to a multitude of uses from traditional industrial through to retail applications, providing buyers the ability to use or lease the units collectively or separately.
Unit 1 includes a 183.2m² warehouse, 57m² office, 175m² yard and 52m² canopy; Unit 2 offers 151.9m² warehouse, 21.2m² office, and 58.3m² mezzanine; Unit 3 features a 299.8m² warehouse, 36.3m² office, and a 150m² yard. A rare opportunity with strong fundamentals and flexible income options.
With strong fundamentals, low Capex, versatile zoning, and significant upside potential, opportunities like this rarely come to the open market — act fast or risk missing out!
Features:
- 1,307m² freehold site
- 807m² building area
- Vacant possession
- Ability to split tenancy
- Three-phase power
- High quality refurbishment
- Light industry zoning
More information: https://www.colliers.co.nz/p-NZL67037121