Depot for sale in Seaview's transport hub

Last updated 09:28 17/07/2012
Owens Transport depot
For sale: The Owens Transport depot in Seaview.

Relevant offers

Commercial Property

Boogie Wonderland closes its doors as liquidators seek quick sale New apartments to bring 1000 new residents to downtown Wellington Wellington dairy owner regrets actions after altering historic building without consent Harnessing the power of Pokémon Go Mystery hotel brand to take over Old T&G building Motion to cease Shelly Bay talks passed at Port Nicholson Block Settlement Trust AGM Hotels - who are the biggest players? Strong demand expected for Seaview warehouse site Views aplenty for Deloitte House's new owner Property manager's win bolsters landlords in tenancy law

The Owens Transport depot in Port Rd, Seaview, is up for tender.

The building, originally built for AllTranz in the 1970s, is leased by Owens Transport's parent company, Mainfreight, with a lease that has six years to run and a right of renewal for a further six years.

Bayleys agents Andrew Smith said it was a large clear span warehouse building split into two interconnected bays each with multiple roller doors and eight-metre-wide canopies extending almost the full length of the building on both sides.

The canopies allow B trains and containers to be unloaded out of the weather and driveways down either side of the building allow trucks to be driven in one side of the warehouse and out the other.

The high-stud warehouse with two-storey office and amenity block has a total lettable area of 6266 square metres on an 8181sqm site.

High-profile neighbours include transport and logistics firms Linfox, New Zealand Van Lines and Strait Freight, Mobil, Chevron and BP and paint manufacturer Dulux.

The Hodge Properties-owned depot, which has a rating value of about $4.5 million, is returning net annual rent of $442,500 plus GST.

Ad Feedback

- The Dominion Post


Special offers
Opinion poll

Do you rent or own your home?

Rent alone

Rent with others

Own with mortgage

Own freehold

Vote Result

Related story: $1m-plus in unclaimed bonds

Featured Promotions

Sponsored Content