A prominent stand-alone office and warehouse building in the industrial hub near Auckland Airport is being offered to the market for sale and presents buyers with the opportunity to acquire a prime asset in a sought-after location.
9 Freight Place, Māngere has 2,853sq m of total net lettable area on 5,261sq m of freehold land that is zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The property is leased to Hauraki Marine Limited, trading as Burnsco, who are a wholly owned subsidiary of Road Tech Marine Pty Limited, whose parent company is Jaycar Electronics Group.
Burnsco has served New Zealanders for more than 140 years and are the biggest seller of marine, RV, and motorhome accessories in the country.
Start your property search
Their current six-year lease runs until 31 July 2028 and returns $448,961 plus GST in net annual rental income.
There are future rental reviews in place, providing rental growth for the new owner.
The property is located in a cul-de-sac that is accessed via Richard Pearse Drive and has more than 50m of road frontage. It includes 18 dedicated car parks.
Auckland’s motorway network is readily accessible, while the property has a direct connection into the award-winning industrial precinct, The Landing.
Colliers Brokers Brad Johnston, Tom Peterson, and Paul Jarvie have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Wednesday 5 June, unless sold prior.
Built in the mid-1980s, the property includes 2,228sq m of warehouse space as well as supporting office and amenities areas.
There is 165sq m of canopy, while the yard spans approximately 1,240sq m.
The warehouse, positioned at the rear of the site, offers entry from the western yard through four electric roller shutter doors, with a canopy that runs overhead.
An additional access point is provided by a fifth roller door at the front with a modest canopy.
The warehouse stud height starts at 5.2m, rising to 6.7m at the apex. The property offers dual access from Freight Place.
Johnston, Director of Industrial at Colliers, says the property provides a strong tenant covenant and favourable lease terms for buyers.
“Burnsco is an established operator, and their lease agreement includes market reviews in August this year and in 2026,” Johnston says.
“There are also 3 per cent fixed increases in August 2025 and 2027 that will provide further appeal for prospective purchasers.”
Industrial vacancy rates remain stubbornly low across Auckland and the latest research from Colliers notes prime industrial floorspace has a vacancy rate of only 0.2 per cent in the Airport Corridor and Māngere precinct.
Peterson, Industrial Sales Broker at Colliers, says the Auckland Airport area is a popular industrial location for landlords and occupants due to its accessibility to the wider transport network.
“Sitting only 3.5km from the international terminal of Auckland Airport, the subject property is right in the heart of one of Auckland’s most desirable industrial locations,” Peterson says.
“This prominent spot continues to grow and there is continued demand for occupiers to secure space in this area.
"Nearby neighbours include well-known firms such as Mondiale, Hellmann Worldwide Logistics, Bollore Logistics, DHL, Foodstuffs, Giltrap Group, and many other logistics and transport operators.”
Jarvie, Director of Industrial at Colliers, says the combination of a long-serving tenant in a high-quality building in a popular location makes this a compelling purchasing opportunity.
“We foresee considerable interest in this property given the underlying investment fundamentals and ongoing demand for opportunities within the industrial asset class,” Jarvie says.
- Supplied by Colliers
