Tertiary provider’s warehouse and office building on offer
The land and building previously used as an education facility by one of New Zealand’s largest tertiary education providers has been placed on the market for sale.
The property at 59 Mahana Rd in the Hamilton suburb of Te Rapa consists of a 516sq m warehouse-type structure with administrative offices used by Te Wananga o Aotearoa.
The tertiary education provider was established in 1984 to provide an alternative learning environment to universities and polytechnics, based on M¯aori principles and values. Since inception, Te Wananga o Aotearoa has expanded to operate from some 80 locations nationwide — teaching cultural-based subjects, through to computing and business administration curriculum.
Some 300,000 graduates have passed through Te Wananga o Aotearoa’s courses — many of those at the Mahana Rd property. Te Wananga o Aotearoa will still continue to run courses from its nearby sister campus in Te Rapa Rd.
The land and vacant building are now being marketed for sale at by tender through Bayleys Hamilton, with tenders closing on June 25. Salespeople Alex ten Hove and Mike Swanson said the premises consisted of a high-stud warehouse with two storeys of adjoining offices split over the ground level and a mezzanine floor.
The freehold land is zoned industrial 7A warehouse/suburban under the Hamilton City Council Plan. Ten Hove said the building featured multiple zones — encompassing 115sq m of warehousing, 143sq m of office space under the mezzanine floor,
97sq m of mezzanine level space,
68sq m of ground floor offices and
53sq m of first floor offices and staff amenities.
“The warehouse has a stud height ranging from 4m around the perimeter to 5.5m at its apex, with access via a roller door leading straight on to the factory floor from the front entrance of the property. The building is constructed on reinforced concrete foundations, with concrete and steel framed columns supporting timber beams and a metal roof,” ten Hove said. “The timber-framed mezzanine floor is accessed via a staircase leading up from the warehouse floor and is currently formatted to sustain a lunchroom amenity.”
“Having office amenities and substantial warehousing space within the same address would suit a small owner/operator such as a tradie,” Swanson said.
The property has car parking for three vehicles, with additional unmetered street parking immediately outside. It has a new building standards rating of 47 per cent.