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

Wellington's former Red Cross building on the market Commercial property's boom-bust cycle catches up with lawyers Chow brothers move Auckland property into NZAX-listed shell company RIS Group Large development land parcel in Napier on the market Former post office in Lower Hutt to be converted into apartments Low vacancy rates in Wellington and Auckland office and retail sectors Gaming company Aurora 44 brings new life to former CIT complex Petone Grenada Link road making life difficult for Petone businesses Low voter turnout could block trusts attempt to sell land at of Shelly Bay Bumper year for hotel sector in 2015 sees 11 hotels sell for $290m

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

Comments

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