‘Own your future’ in Napier industrial hub
A portfolio of freehold industrial units in a new, purpose-built hub in the heart of Napier’s premium industrial area is being offered for sale.
The Turner Place Industrial Park will consist of 16 quality, single-storey freehold units located on a dual-frontage site with convenient vehicle access within Napier’s Onekawa industrial precinct.
Construction of the new industrial park on bare land at 9 Turner Place is subject to the granting of Napier City Council resource consent and building consent and will be built with a seismic rating of 100 per cent of new building standard.
Buyers now have the chance to secure a site at Turner Place by purchasing off-plan before construction has commenced.
The units are being marketed for sale by Deadline Private Treaty closing on 4 December (unless sold prior) through Bayleys Napier.
Warehouse spaces for sale in the development at 9 Turner Place, Onekawa, range from units of 93-sqm for $295,000 plus GST (if any) to 140-sqm units for $425,000 plus GST (if any).
Options for long-term lease units are also available.
Salesperson Mark Evans said the new industrial park would feature two buildings constructed with modern precast tilt-slab concrete walls, concrete floors, Colorsteel roofing and aluminium joinery.
“This freehold unit-titled development will
be for sale on a first come-first served basis and will be of interest to investors, but especially to small business owner occupiers,” said Evans.
The 16 individual units, which come with a variety of floor plans, will have a minimum 4.2-metre stud height, motorised industrial roller door access, plus toilet and kitchenette facilities. Each site has either one or two dedicated car parks, ducting for fibre internet connection to the exterior and the option of three-phase power.
A key feature of the park is its strategic location. Zoned Main Industrial by Napier City Council, it lies on a no-through-traffic road off a busy arterial with convenient access to Napier Port and Hawke’s Bay Airport, as well as the Hawke’s Bay Expressway which connects to State Highway 2.
Evans said that the development comes at a time when there are compelling local reasons to consider an investment in industrial property.
“Industrial vacancy in Napier has never been lower, the Hawke’s Bay’s primaryproducing economy is enjoying a boom and there is a general lack of affordable, modern warehousing – either for lease or for sale.
“As a result, quality industrial real estate is highly-sought after in the market and competition for space is pushing rents higher.
“Turner Place Industrial Park offers a range of attractive solutions for purchasers who want to ‘ own their future’ by way of an affordable freehold investment in industrial bricks and mortar.”