Park-side warehouse and office premises up for sale

Media Release
6.5.2019

Field of opportunities on offer at park-side warehouse and office premises up for sale

The land and buildings sitting on the demarcation line separating one of Auckland’s foremost industrial precincts from one of the city’s little-known historic sporting venues has been placed on the market for sale.

The park-side property at 60 Onehunga Mall in Onehunga overlooks Gloucester Park which sits immediately beside State Highway 20 linking Central Auckland with the airport precinct.

The 283-square metre single-storey premises at the address sits on some 441-square metres of freehold land zoned for Business - Light Industry use by Auckland Council.

Adjacent Gloucester Park is one of Auckland’s ‘secret’ sporting heritage venues. The grassed fields briefly hosted speedway motor racing in 1935 and were used by stock car racers in the mid-1960s before the Waikaraka Park track opened a kilometre away. Gloucester Park is now one of several venues hosting Auckland Australian Football Association – Aussie Rules – football matches.

The Business – Light Industry land classification for the property at 60 Onehunga mall allows for tenancies involved in the manufacturing, production, storage, and transport sectors which avoid making objectionable odor, dust or noise.

The land and buildings at 60 Onehunga Mall are being marketed for sale at auction at 11am on May 15 through Bayleys Auckland. Salespeople Mike Adams and Jean-Paul Smit said there were numerous options for future ownership of the property.

Mr Adams said the low-stud warehouse and office situated at the industrial portion of Onehunga Mall were currently tenanted by glassware hire business Industry Limited on a month-to-month lease paying the equivalent of $26,000 plus GST per annum.

He said the property had a 19 metre road frontage onto Onehunga Mall, and comprised basement storage space, with secure parking behind wire mesh fencing.

“The building owner has undertaken electrical and plumbing upgrades to improve the condition of the premises over the past year. The owner has also had refurbishment concept plans drawn up for the site,” Mr Adams said.

“With further refurbishment works being undertaken, the building could be retained in its current format - with the beneficial option of ether re-tenanting the property at a higher rental or providing owner/occupier options.

“With both warehousing and administrative portions of the building, the property would suit a trades-based tenant such as an electrical, plumbing or telecommunications firm looking for parking for a small fleet of vehicles, along with the benefit of being handily located to the city’s motorway network with its routes to the southern, western and northern quadrants.

“Alternatively, there is the possibility for a complete redevelopment of the site to optimise efficiency of the land size, and to take advantage of park and sea views which could be created from the resulting upper levels.”

Mr Smit said the property up for sale was located within the long-standing perimeter of light to heavy industry properties and businesses which encircled Onehunga Central’s retail and community services hub.

“The immediate surrounding area consists of similarly sized properties – predominantly sustaining small enterprise businesses. This part of Onehunga contrasts with the bigger and more industrial plant and warehousing portion of town to the east along Neilson Street,” he said.

“In keeping with many roads in the area, Onehunga Mall has a street width designed to accommodate a smooth traffic flow for heavy freight vehicles linking to the motorway nearby Tradie-sized vans automatically benefit from this road sizing.”

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