Versatile warehouse ideal for owner-occupiers

5:00 AM Saturday May 6, 2017 True Commercial

The 2791sq m freehold property at 18 Ormiston Rd is approximately identified by the red border. Photo / Supplied

A freehold warehouse on the market in tightly-held East Tamaki is ideal for owner occupiers seeking a versatile vacant property, say brokers at Colliers International.

The 1670sq m warehouse and office building, on a 2791sq m freehold site at 18 Ormiston Rd in South Auckland, is being marketed for sale by Jolyon Thomson and Paul Jarvie of Colliers’ Highbrook industrial office.

It will be auctioned at 11am on May 31, unless sold earlier. Thomson says the versatile standalone warehouse will appeal to a range of businesses looking for new premises in a sought-after location.

“Seldom do we see freehold properties of this nature in East Tamaki on the open market with vacant possession,” he says.

“This is an excellent opportunity for the right business to acquire a versatile new space in a great location, and move in immediately upon settlement.”

Zoned for light industry, the property is smartly positioned in one of Auckland’s most desirable established industrial areas.

“Situated on the northern side of Ormiston Rd, it is a short distance from East Tamaki Rd — one of East Tamaki’s main arterial routes,” Thomson says.

“Ormiston Rd is itself a strategic linking road that connects East Tamaki Road to Te Irirangi Drive, the Botany Junction, Flat Bush and the continually developing eastern suburbs of Auckland.”

Thomson says the property is close to the State Highway 1 southern motorway interchanges at East Tamaki Rd and Te Irirangi Drive, giving it easy access to the wider Auckland region and beyond. It is a short drive from other nearby industrial areas, including the Highbrook and Eastfield industrial parks.

“This property is superbly situated to benefit from being in one of Auckland’s fastest growing precincts,” he says.

“East Tamaki is continuing to expand, with industry moving further eastwards towards Te Irirangi Drive. Commercial and residential development is also continuing apace in nearby Flat Bush.”

Jarvie says the property comprises a standalone warehouse with a more recent office addition. “The property has a good office to warehouse ratio, making it suitable for a multitude of users.”

The property provides a 1455.18sq m clear-span warehouse with access via three roller doors off the yard to the east.

The 145.16sq m first floor office is accessed from an external staircase leading from an entrance off the front yard; while the office and warehouse share 69.75sq m of amenities on the ground floor.

“The first floor office is largely open plan with two partitioned offices and a lunch room,” Jarvie says.

He says strong interest is expected from prospective owner-occupiers, however, it may also suit a number of investors looking to add to their portfolios in an area with extremely low vacancy.