Keys to high-profile Harbour office, warehouse available
A highly visible office and warehouse unit with vacant possession in the popular North Harbour Industrial Estate presents prospective purchasers with the opportunity to acquire a prime asset in a tightly held location.
Unit G at 9-11 Rothwell Ave, North Harbour, provides 1020sq m of total floor area with generous carparking. The property is zoned Business–Light Industry under the Auckland Unitary Plan.
When fully tenanted, the building could return approximately $215,606 plus GST in total gross annual rental income, based on current market estimates.
This marks the first time it has been presented to the market since it was built in 1991.
Well-positioned with easy access from Rothwell Ave, the two-storey property is a short drive from the motorway network that provides access north and south, while Albany’s commercial hub is approximately five minutes away.
Colliers directors Ryan de Zwart and Matt Prentice have been appointed to market the property for sale by deadline private treaty closing at 4pm on Wednesday 20 July, unless sold prior.
The property has a 420sq m warehouse, 60sq m of low stud utility space, a 540sq m office and 19 dedicated carparks. The warehouse is medium stud with access via two roller doors.
The building was recently refurbished, which included some alterations and upgrades, particularly to the office and amenities area. An internal staffroom and storage and utility area was also created.
The construction provides concrete foundations and concrete and particle board or similar flooring, with claddings of concrete
block, long run iron, glazed aluminium joinery, fibre cement sheet, and some plaster exterior finish over a fibre cement substrate.
The interior wall linings are made from concrete block and plasterboard, with plasterboard and suspended tile ceilings.
De Zwart says the highly functional building is presented in magnificent condition following its refurbishments, and it is incredibly rare to see a vacant industrial unit available in such a tightly held area.
“Vacancy rates for industrial property on the North Shore are at historical lows, which will create significant demand for this unit.
“Recent research from Colliers indicates prime industrial vacancy rates are at approximately 1 per cent in North Harbour and only 0.6 per cent in neighbouring Mairangi Bay.
“We expect owner-occupiers and investors will have considerable interest in this property given it could be suitable for a range of different business opportunities.”
Prentice says the unit is in a highly soughtafter location on the North Shore.
“The North Harbour industrial precinct has proven itself very popular for progressive companies due to the high standard of surrounding development, quality working
environment, access to transport links, and a growing suburban catchment nearby.
“The area benefits from a number of highquality, multi-unit developments and modern stand-alone industrial properties.
“The site offers access to major landmarks in nearby Albany, including Westfield Albany, Massey University, and a range of national brand businesses.”
Prentice says Upper Harbour Drive and Bush Rd offer access to the motorway network, while Auckland’s CBD can be reached in approximately 15 minutes outside peak hours.