Big versatile industrial site

10:58 AM Saturday September 20, 2014 Colin Taylor

Big industrial site for sale at 21 Hobill Ave, Wiri, identified by red border.

A “massive” 3.1 hectare complex at 21 Hobill Ave in the heart of central Wiri industrial district is now available for sale or lease through Colliers International’s Auckland industrial team.

Strategically positioned just minutes from the State Highway One motorway the property has 15,125 sq m of floor space, making it one of the largest industrial sites in the area.

The property’s new owner will be refurbishing the vacant building in order to present an attractive and functional business park environment to the incoming occupier or occupiers.

Colliers’ national director of industrial Greg Goldfinch, who is marketing the property with colleagues Dwayne Warby and Andrew Hooper, says it contains 14,865 sq m of warehouse space with a 10 metre stud height and large external yard area.

“This property and its associated yards are massive and it is available for occupation by a single business or can be subdivided into smaller units or tenancies, depending on market demand,” Goldfinch says.

“The owner will be totally re-positioning this property to the market, providing tidy warehouse and office solutions which will be a great addition to the market, at a time when availability of well-located industrial space is in short supply.”

With a 10 metre stud to the knee, a convenient and accessible location and significant size, the property offers attractive fundamentals, says Warby.

“For businesses looking for large, high stud warehousing and big yards, this property offers a cost-effective option. It’s very unusual to find high-stud facilities on this scale, and if you do find one, it will likely be a modern building which will come at a much higher cost than this property.”

With the availability of large-scale industrial footprints diminishing in South Auckland, the property is expected to be in demand among a wide range of businesses looking for attractively-priced industrial space with easy motorway access, Warby adds.

The building has been previously occupied by companies that include Frucor Beverages, Mainfreight and Capral Aluminium. It has a heavy-rated concrete floor, gantry cranes running the length of the building, multiple roller doors and drive-around access, Hooper says.

“No matter what the final configuration of this property ends up being, its ability to accommodate a huge range of activities due to its heavy-rated construction, gantry cranes and high stud means it presents versatile options to a big variety of occupiers.”

The property benefits from being close to main arterial routes, including Wiri Station Road, the State Highway One and the South Western State Highway 20 motorway, all of which are within five minutes’ drive.

Goldfich says Wiri has recently become one of Auckland's fastest-growing commercial zones and home to several major manufacturing and distribution complexes.

“Despite its increasing favour as a business location, Wiri still offers cost benefits over more traditional industrial areas in South Auckland, where land prices are at a premium.”

Wiri is popular among large industrial owner-occupiers and is home to some of New Zealand's best-known companies, Hooper says. “Croxley, K-Mart, Bridgestone, Frucor, The Warehouse, Progressive Enterprises, Downer EDI, Cavalier Bremworth and Foodstuffs are just a few of the high-profile companies which have chosen to make Wiri their home.”

Goldfinch says Wiri will benefit from Auckland Transport's project to connect Auckland International Airport with State Highway 16 along the Southwestern Motorway. “When the Waterview Connection is finished it will complete the city's western ring route, providing dual access from Wiri to Auckland’s CBD.”

Warby says the area is increasing in appeal to occupiers which require premises that permit heavier industry uses, thanks to its Business 6 zoning.

“Over time it is expected that the Auckland Unitary Plan will push heavy industrial occupiers into concentrated pockets of Business Zone 6 areas, ensuring continued long-term demand for this planning class.”

Business 6 offers the most flexible land use options to businesses, making provision for heavy industrial activities. “Business 6 zoned areas are a scarce resource of major importance because they keep heavy industry separate from more sensitive activities,” Warby adds. 

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