Three industrial units on one freehold site with separate titles and tenancies offer a versatile opportunity poised to attract heightened interest as business confidence improves, Bayleys salespeople say.
The combined landholding of 3,800sqm (more or less) at 13 Airborne Road is pivotally located off key arterial Rosedale Road, and minutes from the Upper Harbour Motorway interchange linking Albany with State Highway 1 and the northwest.
Bayleys North Shore salesperson Matt Mimmack says the property’s unique configuration, comprising three standalone buildings, presents an excellent opportunity for investors seeking diversification, stability and positive returns.
“Providing more than 2,255sqm (more or less) of combined floorspace, the modern premises offer well-configured warehouse-to-office ratios with ample car parking and dedicated container drop areas.
Start your property search
“Units A and B benefit from prominent road frontage with high visibility to passing vehicle traffic, while Unit C is strategically positioned at the rear of the site with two roller doors to optimise warehouse access and operational convenience.
“Recent refurbishments have upgraded the office areas, enhancing their appeal, while the warehouses are equipped to modern specifications, including high-stud heights ranging from 6.3-7.5m, which are suitable for various industrial uses.
“All three buildings are tenanted by established operators, collectively generating a strong net rental income of circa $519,000 annually. This setup provides a diversified income stream, effectively spreading the risk across several tenants to ensure overall investment stability.”
Mimmack is marketing the property for sale by deadline, closing at 4:00 pm on Thursday, 26th September (unless sold prior), with Bayleys colleague Laurie Burt.
Road-facing Unit A comprises an attractive glass frontage and low-maintenance landscaping supporting warehousing, canopies, offices and amenities totalling 420sqm (more or less) with nine car parks. The property is occupied by access solutions supplier Aero New Zealand, which has recently exercised the first of two two-year renewal rights to April 2027.
Bayleys North Shore salesperson Laurie Burt says Unit B is the mirror image of Unit A on the property’s northern boundary, occupied by hazard and safety supplier Fire Protection Technologies, which has also recently renewed its lease for a final three years to January 2028.
“The largest unit at the rear – C – features 1,414sqm (more or less) of warehousing, canopies, offices and amenities with 23 car parks leased by leading fit-out manufacturer Allen & Chapman, for whom the unit was specifically designed to support their operations.
“The diverse requirements of these tenants reflect the versatility of the premises, which benefits from a strategic location and a key location for future regional investment.
“Albany’s industrial sector is thriving with the expansion of the Albany Town Centre and its established status as a popular commercial and retail hub. There is a strong and growing demand for versatile, modern industrial spaces, especially those offering enhanced connectivity to major transport links.
“These fundamentals are an attractive advantage for investors seeking a contemporary facility with potential for immediate income, and future capital and rental appreciation, in a prime location.”
- Supplied by Bayleys
