Blank canvas is surplus to Unitec requirements
A large site with a significant addvalue opportunity in west Auckland is for sale.
The 809sq m property, at 10 Trading Pl, Henderson, is owned by Unitec and comprises a single storey warehouse with a net lettable area of around 250sq m.
JLL commercial brokers Jason Armstrong, Alex Wefers and Ian Hall are marketing the property for sale by way of expressions of interest closing 4pm on November 28.
Says Armstrong: ”The warehouse is now surplus to requirements for Unitec.
“However, the land parcel holds huge development potential due to the favourable Metropolitan Centre zoning, which generally allows a build height of up to 72m. This opens up endless options with both commercial and residential developments on the cards.”
Trading Pl is close to Great North Rd and 500m from Henderson railway station. Wefers says the surrounding development is predominantly commercial with a significant number of government occupiers, including the Waitakere central libary, Unitec, and Waitakere District Court.
“The amenity options in the area are also excellent, with the West City shopping centre, a Countdown supermarket, the WestWave swimming pools, and the Waitakere Hospital all a short stroll away. Cafes and restaurants are just around the corner on Great North Rd, which forms Henderson's original retail strip.”
The warehouse is tenanted by Yeong Woong Co. and used as a second-hand shop. The rental term has extended for more than a decade on a month-by-month basis with the tenant covering all outgoings.
Hall says the Metropolitan Centre zoning provides huge flexibility for buyers. “This zone applies to centres in different subregional catchments of Auckland. “These centres are second only to the city centre in overall scale and intensity and act as focal points for community interaction andcommercial growth and development and contain hubs serving high-frequency transport.”
“The zone provides for a wide range of activities including commercial, leisure, high-density residential, tourist, cultural, community and civic services. Zone provisions, in conjunction with rules in the other business zones, reinforce metropolitan centres as locations for all scales of commercial activity.”