Airport Oaks industrial
Warehouse and office building for sale is leased to global Husqvarna Group, says Colin Taylor
Alarge and modern warehouse leased to global outdoor equipment manufacturer Husqvarna Group Ltd in Auckland’s Airport Oaks industrial precinct is for sale with a long-term lease.
“This is hard to beat as a quality industrial freehold investment property,” says Andrew Hooper, industrial sales and leasing director for Colliers International who, with colleagues Hamish West and Dwayne Warby, is exclusively marketing 51 Aintree Avenue, for sale by deadline private treaty, closing at 4pm on Tuesday April 17, unless it sells prior to that date.
“Only 3.3km from Auckland International Airport and close to the motorways, it has excellent access to the rest of the Auckland region making it an ideal base for imports, exports and distribution,” Hooper says.
“The 3751.59sq m building meets
100 per cent of seismic standards and offers a desirable low ratio of office space to high-stud, clear-span warehousing.”
Office and amenity space of
461.28sq m has recently been refurbished over two levels at the front of the building.
“The CBD-quality renovation has elevated the property to a new standard of industrial office accommodation,” Hooper says.
A six-year lease to Husqvarna earns $444,500 plus GST in net annual rent, with guaranteed rental growth every two years set to the Consumer Price Index.
Constructed of concrete foundations and tilt slab panel walls, it has 3290.31sq m of clear span warehousing with a stud height of 9m at the knee rising to 11m at the apex.
External access to the warehouse is via two rollers doors protected from the elements by a 193sq m canopy. Internal access is available from both office levels.
The ground floor’s well-presented reception area leads to a meeting room, open plan offices, a lunch room and a stairwell up to the first floor where there is more open plan office space, some partitioned offices, a boardroom and amenities.
The rest of the 5830sq m site The warehouse and office property leased to Husqvarna at 51 Aintree Ave, Mangere. comprises an extensive concrete yard and manoeuvring area as well as space for car parking.
Hooper says the Light Industry zoned property is in the heart of the Airport Oaks industrial precinct on Aintree Avenue, which runs south off Ascot Rd.
It’s a short drive to George Bolt Memorial Drive, which links the airport to the south with the Southwestern Motorway (State Highway 20) to the north.
West says the location’s connectivity has been greatly improved by ongoing upgrades to George Bolt Memorial Drive and the recent completion of the Waterview Tunnel, linking The 14-level SKHY apartment block, Newtown in which three ground floor units are for sale.
It’s an ideal base for imports, exports and distribution.