A significant land holding across three freehold titles in West Auckland’s growth hub of Henderson is now on the market for sale offering unique opportunities for investors, occupiers, and developers alike.
Positioned at 86-92 Henderson Valley Road, the property is strategically located at the heart of Henderson’s light industrial hub on an arterial route from Great North Road to the West Auckland suburbs of Oratia, Titirangi and the Waitakere Ranges.
Comprising a mix of warehousing, offices, showrooms, and amenities, the building occupies a 12,690sqm site across three separate freehold titles with over 64 metres of road frontage.
JLL have been exclusively appointed to market the property for sale by Deadline Private Treaty closing at 4 pm Wednesday 26 May, unless sold prior.
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JLL Commercial Sales and Leasing Senior Director Euan Stratton says the property offers significant opportunities for a range of buyers.
“Together the building comprises around 5,000sqm of total building area which includes ground floor showroom/offices, mezzanine office, and three bays of warehousing,” says Stratton.
“This equates to a site coverage of only 38% in an identified growth precinct just minutes from the motorway with unrivalled connection to central, western, and northern suburbs while the nearby Waterview Tunnel provides ease of access to the south and Auckland Airport.
“These property credentials open the doors for owner-occupiers, investors, and developers alike.”
JLL Commercial Sales and Leasing Head of Industrial Jolyon Thomson says the property provides a split-risk investment.
“86-92 Henderson Valley Road brings in a holding income of almost $760,000 net per annum from three separate tenants on unique lease terms,” says Thomson.
“Today the building provides accommodation for two separate tenants within the building while road contractors Fulton Hogan occupy part of the rear yard.
“The current tenants benefit from open plan warehouse space, full drive-around access, 60 carparks, multiple roller doors, a concrete sealed yard, and a 100% IEP rating.”
JLL Sales and Leasing Senior Broker Jaye Miller says the high-growth location provides a host of options for a full range of buyers.
“Placed at the heart of West Auckland, Henderson has become an increasingly attractive location due to its relatively central location and ease of access to other parts of Auckland,” says Miller.
“The Auckland Plan has targeted Henderson as a key metropolitan area, which means the area and the assets it contains will continue to be the beneficiaries of sustained investment into infrastructure by the public and private sector.
“Extensive development is expected in Henderson over the coming years in line with the Council’s regeneration plans, which makes this a truly future-proofed purchase."
