Land Bank with Holding Income

19-23, Hill Street, Onehunga, Auckland City

Auction

Proposed Usage
Industrial
Floor Area
1006.00 m²
Land Area
4312.00 m²
Description:
Property ID
1c4xpdd



19-23 Hill Street is a regular shaped site totalling 4,312m² over two titles. The site comprises of two dwellings, currently occupied by two separate tenants and returning net $296,000 pa. The first dwelling is a high stud warehouse with an office and reception situated at front of the building. The second dwelling is a house/offices premises located on northern boundary which is currently on a commercial tenancy. The building includes three partitioned rooms with separate entry and storage facilities.

The property is zoned Business Mixed Use and will suit many different development options. With the Waterview connection now operating, Onehunga's access to Auckland Airport, Auckland Port and all major Auckland transport networks has further improved travel efficiencies.

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Onehunga Area