An industrial property with extensive yard space and a large warehousing plant located in one of the Waikato’s busiest rural industrial hubs – and occupied by one of the area’s most recognisable family-run automotive brands – has been placed on the market for sale.
The 2,461-square metre property in the North Waikato township of Huntly comprises a 650-square metre building - currently tenanted by locally well-known farm machinery equipment parts and repairs business Roger Gill Agriculture which has had a presence in the town since 1953.
Benefitting from a high profile to the local community along Huntly’s busiest service road, the property sits on a corner site surrounded on three sides by George Drive, Speirs Road, and Great South Road – formerly State Highway One before the Huntly bypass opened two years ago.
The generally rectangular-shaped freehold land and building at 43 George Drive in Huntly are now being marketed for sale by auction on June 16 through Bayleys Hamilton.
Start your property search
“The layout and infrastructure on-site work well for the existing tenant. Constructed in the 2000s, the L-shaped modern steel portal building is well equipped to sustain the business’s needs - with a mix of warehousing and factory workshop space, administrative office space, a showroom, and staff kitchen and bathroom amenities,” said Alex ten Hove.
“Meanwhile, the expansive external space is utilised as a show yard to display a range of quality second-hand farm machinery and plant sold under the Roger Gill Agriculture banner. Security fencing runs around the perimeter of the address.”
“The property has dual entry points onto the site from both George Drive and Speirs Road. Access to the 270-square metre workshop floor is through three high roller doors coming off the metalled yard.”
“Meanwhile, the adjoining showroom and administrative portion of the building also has its own high roller door on the side to allow large farm vehicles to be driven in and out - with a more standard retail style sliding door entry to the front of the showroom.”
“The various portions of the property – both inside and outside - are well suited to Roger Gill Agriculture’s multiple activities in the rural automotive sector.”
Luke ten Hove said that with Roger Gill Agriculture operating on a month-to-month rolling lease, the property was being sold with vacant possession. Salespeople Alex ten Hove and Luke ten Hove said that subject to negotiations, Roger Gill Agriculture would look at signing on a new lease with any potential new owner of the property.
The site is designated for light industrial use under the Waikato District Council plan.
“The property is being marketed to both investors and owner-operators to attract the widest potential buyer audience. So, the option under the first dynamic is for a new owner to resign Roger Gill Agriculture, or under the second avenue to look at relocating their own business onto the site in a relatively short time frame,” he said.
“Huntly is arguably the industrial hub for regional Waikato – with the ability to efficiently service the towns and settlements of Mercer, Morrinsville, Ngaruawahia, Te Kauwhata, and Northern Hamilton within easy driving distance – and access to State Highway One just a few kilometres to the south at the Taupiri junction.”
“Any new tenant would obviously benefit exposure-wise - as Roger Gill Agriculture has – from extensive frontage onto Great South Road.”
“The site and its building asset will also be of interest to infrastructure firms looking ahead to scale up for the pending work about to begin at the 176-hectare Sleepyhead estate being built by the mattress and bed manufacturer at Ohinewai some five kilometres north of Huntly.”
Plans for the $1.2 billion Sleepyhead estate encompass a massive warehousing and manufacturing complex adjacent to some 1,100 new homes sustaining a predicted community of 3,000 people – all to be built over a 10-year phased project.
Waikato District Council’s new Ohinewai Zone encompasses three defined land usage parameters – a residential precinct, a business precinct, and an industrial precinct - allowing for the establishment of the full gamut of properties required to sustain Sleepyhead’s manufacturing operations and township masterplan.
- Article supplied by Bayleys
