Henderson Place, Onehunga, Auckland

An outstanding opportunity to secure a quality industrial investment in one of Auckland’s most sought-after and tightly held industrial precincts.Key Features:Net Rental: $459,323 + Opex + GST per annumLand Area: 3,408sqm (more or less)Established tenant in business 50+ yearsOccupied since construction in the late 1980sFixed 3% annual rental increasesPersonal guarantees from company directorsDual access via Henderson Place and Furley PlaceMultiple roller door access pointsThe property is underpinned by a long-standing and established tenant who has occupied the premises since it was built — a strong endorsement of both the location and functionality of the asset.The current lease structure provides reliable income growth through fixed 3% annual increases, while sitting below current market rental levels — presenting clear and realistic rental upside in future review periods.Dual road access enhances operational efficiency, with multiple roller doors supporting seamless truck movements and yard functionality — key fundamentals investors look for in this tightly held Onehunga precinct.Industrial investments of this calibre, combining proven tenancy, built-in growth and long-term upside, are rarely available.For Sale by Negotiation More information: https://www.colliers.co.nz/p-NZL67038618