Barfoot & Thompson continues to showcase its recently released Insite portfolio, with commercial manager John Urlich reiterating that despite current challenges, “The fundamentals of continued low supply of land, labour and building materials, that are unique to Auckland, will make commercial property one of the most strategic requirements for any business going forward.”
One of the properties highlighted in this release is a prime office/warehouse space enjoying pride of place in the heart of one of Auckland’s most sought-after industrial precincts.
Unit 8 /101 Diana Drive, Wairau Valley, is for sale by negotiation through Barfoot & Thompson’s commercial sales manager Simon Farland, together with his colleague Elaine Tutty.
Farland says, “In an extremely tight industrial market, we rarely see properties of this calibre come available. It’s strategically positioned right on the roadfront of Diana Drive, and part of a tidy, solidly-built and well-managed unit title development that’s currently undergoing an extensive exterior makeover to bring it into the modern age.
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“There is excellent exposure and great signage and branding potential here, while the layout of the premises itself offers superb functionality and flexibility.”
The total floor area covers approximately 637sq m, featuring a well-proportioned breakdown of spaces, including a 155sq m office area, a 155sq m showroom/production area, and a substantial 327sq m high-stud warehouse.
The development offers seamless access with drive-around convenience and dual crossings. The property also boasts a generous allocation of 14 designated parking spaces situated at the front, a rare and valuable feature for a building of this size.
“You can’t beat it for location,” says Farland, “and given industrial vacancy rates in Auckland are at an all-time low, this exceptional asset will most certainly in demand.”
He says it will appeal to investors and owner-occupiers.
Another gem in the portfolio is a prime landholding with development potential in the prestigious region of Matakana.
38 Omaha Flats Rd is being marketed by David Goodhue and James Doole of Barfoot & Thompson North Shore Commercial, with tenders closing at 4pm, Thursday June 15 unless sold prior.
“This is an exceptional opportunity for astute investors and wine enthusiasts,” says Goodhue.
“The property showcases a stunning expanse of 5.5ha and is perfectly positioned on the main road leading to Point Wells and Omaha, and bordering the Sculptureum art and sculpture museum, which is a world-class tourist attraction.”
“Largely northfacing with sweeping views over Omaha and out to Great Barrier Island, this is prime grape-growing country.”
There’s a fully operating vineyard onsite with approximately 3.6ha of chardonnay, cabernet franc, syrah and merlot varieties.
Goodhue says the Walkworth, Matakana and Omaha region is experiencing strong growth and with the Auckland Unitary Plan providing for greater density and the new Northern Motorway opening towards the end of June, that shows no signs of abating.
27-29 Great South Rd, Epsom, is a rare development and add-value opportunity ideally positioned on the Epsom/Newmarket boundary.
The freehold property, available for sale by negotiation through Barfoot & Thompson commercial broker John Stringer, presents multiple enhancement options while also serving as a landbanking prospect.
Covering approximately 2644sq m and zoned Business–Mixed Use, the asset comprises two separate three-story office buildings with a combined potential annual net rent of about $560,000 from leasing vacant space.
It benefits from dual road frontages to Ngaire Ave and Great South Rd, one of Auckland’s busiest throughfares, enjoying high visibility with convenient, easy access and a total of 52 parks onsite.
The property sits in the future National Policy Statement on Urban Development zone, further enhancing its appeal. It’s in the double grammar zone and close to some of the city’s most prestigious schools including Diocesan Girls, Dilworth Boys and Epsom Girls Grammar. Access to public transport, arterial routes and the motorway is easy.
— Article supplied by Barfoot & Thompson
