In South Auckland a commercial property is being marketed as having low site coverage and vacant possession, making it well suited to a range of occupiers, investors or developers.
“It is well located in the growth suburb of Manurewa,” says Chris Wakim of Colliers International who, with colleagues Matt Barnes and Paul Jarvie, has been exclusively appointed to market 36 Maich Rd, Manurewa, for sale by deadline private treaty closing at 4pm on Wednesday June 26, unless sold earlier.
The property comprises a 1006sq m freehold site with Light Industry zoning and only 186sq m of improvements, making for low site coverage of 18 per cent.
Barnes says the property for sale encompasses a 139sq m main building and a 47sq m double garage for vehicle storage.
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“The main building is an auditorium with a reception area plus two additional office and meeting rooms.
“The remainder of the property is sealed yard providing a significant level of car parks for the site. Good accessibility is on offer via two driveways from Maich Rd, serviced by lockable gates.
“Overall the site is extremely well suited for multiple business activities as well as excellent opportunities for future development.”
Wakim says the sale represents a chance to invest in a commercial property with plenty of options for future development within an area set to undergo even further growth in the next 10 years. “Manurewa is predominantly a young-to-middle-aged suburb that is poised to benefit from projected growth in other key commercial hubs in the area, including Manukau, Papakura, Papatoetoe and East Tamaki.
“Infrastructure improvements will also encourage more business and residential growth, as well as making the wider South Auckland area more accessible to the Auckland CBD.
“The Southern Corridor improvement project includes additional lanes in both directions on State Highway 1 and a shared pedestrian and cycle path.
“Manurewa is already undergoing solid residential growth, with developments underway on Wordsworth Rd, Rowandale Rd and Bedlington Ave.
“Along with these new homes, a retirement and lifestyle village with 47 apartments on Alfriston Rd is expected to be completed in October this year.”
Jarvie says the property is in a well serviced area.
“The surrounding location benefits from a large number of local and national retailers and trade outlets, along with health and public services within close proximity.”
Jarvie says notable business nearby include the Southmall shopping centre, Manurewa Medical Centre, international food retailers and a Z service station.
A library, police station, school and bowling club are all nearby.
The area has plentiful transport options, including the Manurewa train station on the western side of Southmall and bus stops within a short walking distance on Great South Rd, Maich Rd and Northcrest Way.
