Five highly functional industrial units in the rapidly growing West Auckland suburb of Hobsonville are being presented to the market for sale and will pique the interest of owner-occupiers or investors looking for a top-quality property in a tightly held location.
The development at 88 Hobsonville Road, Hobsonville is being built by Waide Construction and is set for completion in April 2023. The property includes 15 units, which are zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The five available units vary in size from 276.5sq m to 603sq m and all include office and warehouse space and dedicated car parks, ensuring convenience for occupants. Two of the available units have high visibility and street frontage to Hobsonville Road.
Colliers Directors Matt Prentice, Jimmy O’Brien, and Josh Coburn have been exclusively appointed to market the units for sale.
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The specific units for sale are labelled A, D, E, K, and O. Unit D is the smallest with 276.5sq m of total net lettable area comprising a 189.5sq m warehouse and 87sq m of office space. The unit includes four car parks and has 23sq m of canopy. The asking price is $1,717,632 plus GST.
Units E and K have matching layouts with 425.5sq m of total net lettable area. The units include 300sq m of warehouse space and a 125.5sq m office. They also provide six car parks and have 28sq m of canopy. Their asking price is $2,707,656 plus GST.
The largest available units, A and O, also have identical layouts and provide 603sq m of total net lettable area with 349.5sq m of warehouse space and 253.5sq m of office area. They include nine car parks and 29sq m of canopy. The asking price is $3,842,627 plus GST.
The clear span warehouses have electric roller door access and boast a 6.2m to 6.7m stud for racking. With tilt slab construction they offer low maintenance and security.
Prentice, Director of Industrial Sales and Leasing at Colliers, says the units are available with vacant possession and will catch the eye of buyers given the notable lack of supply of industrial units in Auckland.
“Industrial accommodation remains highly sought-after across Auckland and recent research from Colliers notes that the prime vacancy rate across the city is 0.6 per cent for industrial property,” Prentice says.
“Vacancy rates from the surrounding areas near Hobsonville are particularly low with North Harbour at only 0.4 per cent for prime properties and Henderson at 0.6 per cent. This indicates there will be strong demand for these units, which offer an excellent warehouse ratio.”
O’Brien, Director at Colliers Auckland North, says the functional nature of the units coupled with flexible zoning means they will suit a range of occupants.
“The Business – Light Industry Zone anticipates industrial activities that do not generate objectionable odour, dust, or noise,” O’Brien says.
“This includes manufacturing, production, logistics, storage, transport, and distribution activities making these units highly attractive to buyers.”
Coburn, Director of Site Sales at Colliers, says the Hobsonville industrial precinct is a tightly held location that is populated by high-profile businesses.
“Hobsonville is becoming a thriving hub for the local industry and businesses with the new residential catchment making it a bustling business community,” Coburn says.
“Surrounded by companies such as Mainfreight, Microsoft, and Bidfood the precinct is well serviced by local cafes, restaurants, schools, and childcare facilities. Other amenities include the popular Westgate Shopping Mall.
“The subject site is only two minutes from State Highway 18, while Auckland’s CBD can be reached in less than 20 minutes.”
- Article supplied by Colliers
