An office and warehouse unit in the tightly held North Shore suburb of Rosedale presents buyers with the opportunity to lease or purchase a highly functional property with ample car parking.
Strategically located within the North Harbour Industrial Estate at 9E Piermark Drive, the multi-level unit has 702sq m of total floor area.
Boasting 14 car parks, a rarity in this sought-after industrial precinct, the property is zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The modern unit has recently been refurbished and will be available with vacant possession in Q4, meaning occupiers can immediately begin their business operations or the new owner can choose to tenant it straight away.
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The unit sits between Bush Road and William Pickering Drive and offers easy access to the nearby motorway network, including State Highway 1 and State Highway 18, allowing future occupants to travel across Auckland comfortably.
The Business – Light Industry Zone anticipates industrial activities that do not generate objectionable odour, dust, or noise. This includes manufacturing, production, logistics, storage, transport, and distribution activities.
Colliers Directors Matt Prentice and Shoneet Chand have been exclusively appointed to market the property for sale or lease and the deadline for offers will close at 4pm on Tuesday 10 October, unless sold or leased prior.
The property includes a 384sq m warehouse that has a stud height of 6m and can be accessed via an electric roller door. The air-conditioned offices provide 318sq m of floor area across the ground and first floor.
Prentice, Director of Industrial Sales and Leasing at Colliers, says this property will pique the interest of a wide array of buyers.
“Owner-occupiers will be drawn to the opportunity to secure their own premises and not be bound to a future lease,” Prentice says.
“Investors will also recognise the value on offer and may look to acquire the property to lease it out and this would be a savvy addition to any portfolio.
“The functionality on offer from this modern premises will be highly appealing given it can be used for a variety of business activities and the number of car parks is rarely seen in the surrounding area, making it a compelling opportunity that ticks a lot of boxes.”
The subject property enjoys a central position relative to the surrounding urban areas, while there’s a host of available amenities such as Westfield Albany and Massey University’s Auckland campus that can be reached in approximately five minutes.
Closer to the property, there is a diverse mix of local cafes and food outlets within 2km.
Chand, Director of Investment Sales at Colliers, says record low vacancy rates across Auckland continue to fuel demand for industrial property.
“Research from Colliers notes the vacancy rate for prime industrial floorspace in the North Harbour precinct is only 0.4 per cent, while the overall industrial vacancy rate across the city is 1.7 per cent,” Chand says.
“Despite any current economic headwinds, industrial property continues to remain desirable for buyers of all kinds and the notable lack of space is contributing to the ongoing demand.
“Properties like this one will always generate strong interest among buyers given they appeal to such a wide array of prospective purchasers. With that in mind, we encourage all interested parties to contact us immediately to ensure they don’t miss out on this outstanding offering.”
- Article supplied by Colliers
