Weekend Herald

High-stud Woolich warehouse

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Afully refurbishe­d, high-stud warehouse property in one of the most sought-after industrial areas of Hawke’s Bay is for sale with vacant possession. Featured in the latest Colliers Portfolio, the standalone industrial facility at 207 Wilson Rd, Woolwich — near the Hastings suburb of Flaxmere — offers a net lettable area of 2,373sq m on a 5,994sq m freehold site.

It is for sale by deadline private treaty closing at 4pm on Thursday 13 December, unless it sells earlier.

Colliers Internatio­nal industrial specialist Rob Nankervis says the superbly located property offers full drive-around B-train access and an all-weather canopy.

“This is a chance for owneroccup­iers and investors to acquire a large, versatile industrial property that is ideal for a range of uses,” he says.

“Located just off Omahu Rd, within the most popular industrial precinct in Hastings, the property is central to most of Hawke’s Bay.

“It is only a minute from the Napier-Hastings expressway and less than 10 minutes from Hastings CBD, giving it excellent connectivi­ty to the air and sea ports in Napier.

“With significan­t reinvestme­nt the property has been refurbishe­d to a modern, high-spec standard with a new office fit-out and extensive upgrades to the warehouse.

“With its versatile layout, quality improvemen­ts and excellent location, this property should tick every box for a wide range of industrial users and investors.”

Nankervis says the property offers two bays of warehousin­g, 125sq m of refurbishe­d office, amenity and lunchroom space, and a 240sq m drive-through canopy. The warehouse has a newly upgraded fire detection system, high bay lighting, motorised roller door access and a 1000kVA three-phase power supply.

“It is ideally suited for a multitude of industrial activities from storage and distributi­on to engineerin­g.”

The sealed, secure yard provides 13 car parks and attractive landscapin­g to the street frontage.

The property is in a wellestabl­ished industrial zone on the southern side of Omahu Rd.

Businesses in the area include rural retail, machinery sales, food processing, logistics and distributi­on, and heavy and light industrial users.

Nankervis says New Zealand’s industrial sector continues to go from strength to strength.

“The appetite for quality industrial properties is strong, with yieldhungr­y investors competing for the limited amount of available stock.

“Hawke’s Bay has a particular­ly strong industrial property sector due to the underlying productivi­ty of the regional economy. The main driver is the primary sector, which is forecast to deliver robust returns this year, particular­ly from the horticultu­re and viticultur­e sectors.

“We continue to see strong demand for quality industrial properties, especially within the food production, distributi­on and rural services sectors.”

 ??  ?? The standalone industrial facility at 207 Wilson Rd.
The standalone industrial facility at 207 Wilson Rd.

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