Weekend Herald

Offices in William Pickering for sale

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JLL is marketing a modern office complex on William Pickering Drive in Albany.

The unit- titled property is in the centre of Albany Business Park with elevated views over William Pickering Drive and the north and west aspects of the precinct.

Unit E4 27- 29 William Pickering Drive has a total floor area of 255sq m and is on the first level of the building.

JLL agent Michael Perree who, alongside JLL agent Marg Mills, is selling the property says it would suit any business wanting a high profile for their brand. The property is for sale by deadline private treaty, closing June 7.

“This is a fantastic opportunit­y for owner- occupiers and investors alike. The property has excellent exposure onto William Pickering Drive,” Perree says

William Pickering Drive is Albany’s arterial road and connects the northern and southern ends of Albany Business Park. It’s approximat­ely 4km from the State Highway 1 interchang­e.

“According to Statistics New Zealand, Albany’s population is expected to grow by 123 per cent between 2016 and 2043. This will represent a significan­t boost to local businesses,” Perree says.

The property was previously owned and operated by The New Zealand Institute of Health and Fitness. It i s now vacant and has a projected market rental of $ 70,000 per year plus outgoings.

“The building was constructe­d around 10- 15 years ago and has been well maintained by the body corporate,” Perree says. “It is a tilt- slab constructi­on with a clean ceramic tile finish and tinted windows.”

“The unit for sale benefits from a mix of private and open plan offices, seven carparks, a boardroom, breakout areas, air conditioni­ng and multiple bathrooms. It also shares a foyer and stairs with an accountanc­y firm.”

The property is zoned ‘ light industrial’ under Auckland’s Unitary Plan. Light industrial zones can include manufactur­ing, production, logistics, storage, and transport and distributi­on.

The business park i s home to a wide variety of businesses, including a civil engineerin­g firm, a legal firm, a physiother­apist and a light manufactur­er and distributo­r.

JLL National Research Manager Tom Barclay says the North Shore remains a popular option for occupiers that do not require office space in the CBD.

“Given how tight the CBD market is at present, any quality space on the North Shore will be highly sought after,” Barclay says.

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