The building was designed by Euroclass
A modern industrial property in Wiri, South Auckland, has been placed on the market, offering owner occupiers the opportunity to move to a fast-growing location with excellent airport and motorway access.
12 Ha Crescent is offered for sale through Paul Jarvie, Andrew Hooper and Dwayne Warby of Colliers International and is part of the agency’s latest National Portfolio magazine. The property, which is on a 6500sq m site, is for sale by deadline private treaty closing at 4pm on November 1 2012, unless it is sold prior to that date.
The 4186sq m, A grade office and warehouse facility was designed and built by Euroclass, a New Zealand family-owned commercial developer with a major presence in South Auckland. The company is divesting the property in order to focus on other projects, says Jarvie.
“Euroclass is working on a number of design build projects in the South Auckland industrial market, including the 40 hectare Stonehill Business Park in Wiri, where land and building packages are now available for sale or lease.”
Stonehill, which is located on the site of the former McLaughlin’s Quarry, is the largest new premium business park in Auckland and differs from most industrial parks in that occupiers can own the land and buildings, Jarvie says. “Euroclass has already completed construction on the first site at Stonehill Business Park, for national tyre wholesaler Tyremax.”
The company has been involved in many other significant projects in recent years, including Croxley’s 17,000sq m distribution centre, also in Wiri, as well as several Mitre 10 Mega bulk retail stores throughout New Zealand.
The current tenant at 12 Ha Cres, a multinational logistics company, has occupied the property since it was built in 2005, Hooper says. “Following the current occupier’s decision to consolidate its operations, this high spec facility is being offered to the market for the first time, which we believe presents a very attractive proposition given the scarcity of industrial land in South Auckland.”
Short to medium-term holding income is also available to the purchaser, says Hooper.
The modern, well-designed and functional nature of the property, as well as its location, makes it ideal for businesses operating in a variety of industries, says Warby. “Distributors, logistics companies or any other business requiring modern, A grade warehousing located close to the airport and motorways could benefit from relocating to this property.”
A scarcity of properties in the area should also ensure high levels of enquiry from owner occupiers, he says. “This property is one of very few vacant possession industrial facilities available in Wiri at the moment.”
The property incorporates a 3888sq m ultra-high stud, clear span warehouse and a 1043sq m all-weather canopy, Warby says.
“The large warehouse with its 10 metre stud height provides efficient and adaptable storage space, with dual roller doors providing loading and unloading access, while the large canopy has a 6.5m stud height at the knee and is fully floodlit for night operations, as well as providing cover for both the roller doors.”
Smart, open plan single-level offices of 278sq m in size (a low office ratio compared with the warehouse size) have automatic air conditioning and could be easily reconfigured to suit the new occupier’s needs, says Warby.
The property also provides concrete hardstand yard areas, 46 car parks and access security including an automatic gate and electric fence.
Located off Roscommon Road in the popular industrial precinct of Wiri, the property benefits from easy access to the Auckland motorway system via the State Highway 20 extension and Cavendish Drive interchange, says Jarvie.
“The property is strategically located within minutes of two motorways, 10km from Auckland International Airport and 2.5km from Wiri Inland Port, he says. “This road access makes Wiri an ideal location for many medium to large scale businesses which require direct access to transport infrastructure.”
With continued growth and the State Highway 20 Waterview extension which will provide an alternative link through to the North Shore and West Auckland, Wiri’s potential as a valuable industrial location is now established, Hooper says.
“Some of New Zealand’s best known brands have already discovered the benefits of basing their operations in Wiri, with Croxley, K-Mart, Bridgestone, Frucor, Progressive Enterprises, Downer EDI and Foodstuffs all having premises there.
“The opening of State Highway 20 has seen Wiri gain huge momentum in the past few years, to the point where it is now widely recognised as the preferred industrial precinct for large footprint users,” Hooper adds.
Land in Wiri also offers cost benefits over the more traditional industrial areas in South Auckland, where land prices are at a premium, he says.
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