Triple delight industrials in popular Onehunga

5:00 AM Saturday September 26, 2015 Colin Taylor

The street level frontages of 155,157, 159 Neilson St, Onehunga.

Three freehold standalone buildings on regular shaped and flat sections in the popular industrial precinct of Onehunga are being offered for sale or lease with vacant possession – together or separately.

“All the industrial buildings have functional but varying office and warehouse lay outs that would suit a wide range of occupiers with different requirements,” says Sunil Bhana of Bayleys Auckland who, with colleagues James Hill and James Valintine, is marketing 155,157, 159 Neilson St, Onehunga for sale or lease by deadline private treaty closing on Thursday  October 15 unless sold or leased earlier by negotiation.

“Each of the three properties has a high profile frontage to Neilson St and exposure to 27,000 vehicles which travel along the road every day,” Bhana says.

“Zoned Business 6, Heavy Industrial, this offer presents owner occupiers or tenants with the chance to position themselves in a well-established industrial precinct.”

“With vacancy rates in the area sitting at 1.8 per cent, the availability of space is at an all-time low. Properties of this size are often part of unit titled developments so the opportunity to own or lease a freehold standalone building will be particularly appealing in the current marketplace.” Bhana says.

All the 1970s’ era buildings are of portal frame construction with concrete block walls, office and amenities facing the road, with accompanying warehouses to the rear.

At 155 Neilson St a 579.7 sq m detached building on a 981 sq m site occupies the western side of the three lots and features complete drive through capability. A small office is located in the northwestern corner with a mezzanine kitchenette above while toilets adjoin the office area. Car parks are to the front and rear of the site.

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Aerial view depicting the three standalone buildings within their Onehunga setting. 

The 638.6 sq m building at 157 Neilson St sits on a 983 sq m section with office and amenities space over two levels at the front and a high stud warehouse area to the rear. The warehouse is separated into two bays with a mezzanine area in one portion. Access into the warehouse is via multiple roller doors to the side and to the rear from a right of way to the western boundary.

A ground floor showroom and first floor office space occupies the frontage of the 610.9 sq m  building on a 1012 sq m site at 159 Neilson St. The warehouse is to the rear with drive through access via four front and rear roller doors. “The layout provides flexible road front accommodation for staff and customers, with the smaller warehouse allowing for a good sized rear yard which could be securely fenced if needed for storage.” Valintine says.

“While the three properties are for sale or lease, the current low bank interest rates make them ideal for purchase by owner occupiers who are seeking the security and stability of having their own premises” Valintine says. 

Hill says the properties are situated within the heart of Onehunga which is one of the most intensively developed and highly sought after industrial localities within the Auckland region.

“Onehunga is a long established area that predominantly hosts medium and large industrial properties. It continues to be popular with industrial firms due to its geographic location half way between the Auckland CBD and Auckland Airport - along with having good arterial and motorway access.”

The properties are north facing on Neilson St about 1.2 km from State Highway 20. Neilson St itself is a major arterial linking the industrial suburbs of Penrose and Onehunga with both State Highway 20 and State Highway 1. “The properties are around 3 kms from State Highway 1 giving good access to the Auckland CBD and Ports of Auckland which are 14 km to the north,” Hill says.    

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From left to right: Sunil Bhana, James Valintine, and James Hill, of Bayleys.