Newly refurbished property at 25 Gordon Road offers a rare opportunity in Morningside

25 Gordon Road Morningside web 01

Scarce light industrial for sale with vacant possession

A newly refurbished industrial property in tightly held Morningside is on the market as a ‘blank canvas’ for occupiers and investors.

The freehold property at 25 Gordon Road is well located in a scarce pocket of light industry within one of Auckland’s fastest-changing city fringe suburbs.

It is for sale with vacant possession and no internal fit out, allowing a new owner to configure the property as they see fit.

Colliers International’s Auckland Investment Sales team is marketing the property for sale by deadline sale date closing at 4pm on Wednesday 11 December, unless it sells earlier.

Associate Director Jonathan Lynch says opportunities to acquire city fringe industrial properties of this calibre are few and far between.

“This is a first-rate investment opportunity that will lease very quickly or a chance for occupiers to acquire the ideal blank canvas for their business.

“The property comprises a 350sq m clear span warehouse with a 5.5m stud height, newly polished concrete floors and no internal partitioning.

“Access is via a cart-dock with a secure roller door that fronts a generous yard with 10 on-site car parks. There is also a separate pedestrian entrance.

“The property’s excellent central location and connectivity will have enormous appeal for occupiers and investors.

“A wave of urban renewal has been transforming Morningside since the Unitary Plan came into effect, as zoning changes have attracted more mixed-use development to the area.

“As a result, light industrial properties like 25 Gordon Road are becoming rare, making this an opportunity not to be missed.”

Kris Ongley, Associate Director of Colliers’ Auckland Investment Sales team, says the property is part of a modern industrial development at the juncture of Gordon Road and Argyle Street.

“The property benefits from a 768sq m freehold title with no body corporate. Access is via a private right-of-way road shared with four other titles.

“The immediately surrounding area is undergoing an unprecedented level of commercial activity, with multiple large developments either completed, underway or planned within 500m.

“Morningside Precinct at 14-18 McDonald Street is a benchmark new hospitality complex anchored by the thriving Morningside Tavern and popular venue The Glasshouse. It incorporates niche food offerings and well-presented office tenancies.

“Nearby is 34-38 Ethel Street, designed by Fearon Hay Architects in collaboration with RCP. It comprises a refurbished high stud industrial building that has been converted into three 600sq m office showroom spaces with incorporated mezzanines.

“The newly developed Briscoe Group head office is located a 1-5 Taylors Road. It includes a temporary Briscoes store that will be replaced by Rebel Sport once a new Briscoes is completed at the former outlet store site at 36 Taylors Road.”

Hamish Paterson of Colliers’ Auckland Investment Sales team says Morningside is one of Auckland’s fastest-growing commercial and residential precincts.

“Morningside’s excellent central Auckland location and recent re-zoning to mixed use have seen the suburb cement its reputation as one of Auckland’s most in-demand commercial locations with further evolution yet to progress.

“The suburb is located less than 5km from Auckland’s CBD and benefits from superlative connectivity.

“The electrification of the western railway line has enabled more efficient, comfortable and reliable commuter trains to regularly service the Morningside Train Station. The suburb is also extremely well connected with local bus routes servicing Sandringham Road and New North Road regularly.

“Proximity and connectivity are key to Morningside’s appeal, and the offering at 25 Gordon Road benefits greatly from these attributes.”


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Jonathan Lynch

Associate Director

Auckland CBD

Senior expertise in Commercial Property Sales and Leasing in central and city fringe Auckland. Completed over $450 million+ sales transactions over the previous 9 years since joining in early 2010 with a focus on investment properties, mixed-use developments, redevelopment sites comprising under-utilised improvements, land sales and office, retail and warehouse leasing.

BBS Degree (Massey University) majoring in Real Estate; 10 years of business development experience in the FMCG sector and previous role as a property manager at Jonmer Projects providing a comprehensive understanding of key drivers in both general business and the property market, together with the added benefit of an appreciation of client liaison & needs.

Client feedback:

"I'm delighted to be able to offer the sincerest thanks from the owners of 36 Rossmay Terrce and 52 St Lukes Road. Your diligence and professionalism throughout every aspect of these campaigns for the sale of both properties was a strong factor in the extraordinary results achieved for the vendors in each case.

I would be readily recommend you as a 'dream team' within the superb Colliers group." - Parnell Services Limited (for Jonathan Lynch & Hamish Paterson)


"We recently appointed Jonathan Lynch and Peter Kermode of Colliers International to sell our property at 2 Haultain Street, Mt Eden via auction. We found both Jonathan and Peter to be very effective and professional in their approach to the market and generated significant interest resulting in a sale price beyond our expectations.
We have no hesitation in recommending Jonathan, Peter and the investment sales team at Colliers International for anyone considering selling their commercial property".
- Douglas Wood & Robert Allsop-Smith

Please contact me on 021 900 611 for all or any commercial property advice

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Kris Ongley

Associate Director

Auckland CBD

Kris is an Associate Director in Colliers' central Auckland Investment Sales & Syndication divisions.  He has worked professionally in the commercial property industry since 2005 first as a commercial property solicitor in Auckland and Wellington and since 2012 as a broker with Colliers International.

MARKET SPECIALISATION

Kris specialises in the sale of commercial assets and development sites Auckland city's central commercial areas. He is also part of Colliers’ Syndication division which acts on behlaf of syndication clients raising equity from private investors to acquire large investment and institutional-grade assets.  

 

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Hamish Paterson

Broker

Auckland CBD

A proactive, motivated and versatile professional, accustomed to adapting to challenging environments and delivering under pressure.  

 

Confident communicating at all levels with internal and external relationships, identifying and leveraging off strategic business opportunities.  

 

Possesses an infectious passion, persuasive energy and drive that engages and inspires others.

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