Four brand-new industrial units in the West Auckland suburb of Hobsonville are available for sale or lease.
Located at 10 Inanga Street, the units range in size from 340sq m to 389sq m and each have an approximate stud height of 7m.
The two-level units come with their own office and showroom space making them highly functional and adaptable for a broad range of uses.
Each unit comes with five dedicated car parks, except Unit 1, which has six.
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The units range in price from $2,225,000 plus GST (if any) through to $2,485,000 plus GST (if any). The appraised annual net market rents for the units range from approximately $109,000 to $119,500.
Hobsonville has rapidly emerged as a sought-after industrial hub and provides tenants and occupiers with easy access to the West Auckland and North Shore industrial markets.
The units are zoned Business – Light Industry Zone under the Auckland Unitary Plan. The zone anticipates industrial activities that do not generate objectionable odour, dust, or noise. This includes manufacturing, production, logistics, storage, transport, and distribution activities.
Titles are expected to be issued early next year.
Colliers Directors Matt Prentice and Shoneet Chand have been exclusively appointed to market the units for sale or lease via negotiation.
Constructed by Signature Developments, the units have been built to a high standard and benefit from access to the nearby motorway network and surrounding amenities.
Unit 1 is situated closest to the road and measures 365sq m, Unit 2 spans 340sq m, Unit 3 is 341sq m, and Unit 4 is the largest at 389sq m.
Prentice, Director of Industrial Sales and Leasing at Colliers, says given the properties can be leased or purchased there are options available to meet different people’s needs.
“The units offer easy access to their respective warehouse space through a roller door and they also come with serviceable car parking,” Prentice says.
“They have been developed by a reputable construction firm and given they are ready for occupation, they offer businesses the opportunity to move in quickly.”
Recent research from Colliers highlights the lack of industrial floorspace across Auckland with the overall vacancy rate sitting at 2.1 per cent.
In certain areas of West Auckland the vacancy rate for prime space is incredibly low with the Henderson (0.4 per cent) and Rosebank/Avondale (0.0 per cent) precincts particularly in demand.
Hobsonville has rapidly expanded in recent years through considerable residential development and the area offers excellent schooling opportunities while the continued improvement of the motorway network in West Auckland has proven beneficial.
The retail hub of Westgate is only 10 minutes from Hobsonville and offers an extensive array of national and international brands to draw the interest of shoppers.
Chand, Director of Investment Sales at Colliers, says these new units provide interested parties with the opportunity to either lease or purchase a functional property that will have low levels of maintenance.
“It is rare to find brand-new stock like this and these well-sized units offer industrial firms from a broad range of backgrounds the chance to establish their operations in an area that is experiencing ongoing growth,” Chand says.
- Supplied by Colliers
