Of­fices in Wil­liam Pick­er­ing for sale

Weekend Herald - - TRUE COMMERCIAL -

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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