Land new units in airport business hub
Two versatile new industrial units going up for auction offer a chance to set up shop in a thriving business hub beside Hamilton Airport.
The newly constructed tilt-slab units each span 600sq m. Each is configured with two separate warehouse tenancies, with flexibility to combine these into one – maximising the options for owneroccupiers or investors.
The two vacant units sit alongside each other in a new building in a development known as Southport Park.
“The developer is now cashing up and wants these last two units sold so they can move their focus to other projects,” said Bayleys salesperson Luke ten Hove.
“These properties will offer real value as a turnkey investment without the hard work and stress of a new build, such as rising build costs, time delays, development finance and interest charges.”
Bayleys estimates the individual units could each lease for around $45-48,000 plus GST, giving a strong return on investment with a combined rental of more than $90,000 plus GST and outgoings.
With a combination of warehouse, office and storage areas, they are seen as ideal premises for an array of industrial purposes, including manufacturing, warehousing and distribution. Their position within the airport business zone assures occupiers of exceptional air and road transport links.
Units 6 and 7, 19 Sharpe Rd, Rukuhia, are being marketed for sale individually or together through Luke and Alex ten Hove of Bayleys Hamilton. The properties will go under the hammer on Thursday May 2, unless sold prior.
Luke ten Hove said each unit was divided into two self-contained tenancies encompassing a clearspan warehouse with more than 7m stud height, plus office and kitchen facilities.
“Full-height roller door access to each tenancy enables them to be leased out separately, or they can be combined by removing an intertenancy wall, giving flexibility to investors or owner-occupiers.
“Each unit comes with six dedicated carparks. Extra carparks created as part of the Southport Park development are available for purchase with each unit if required.
“The properties sit within Waipa District Council’s Airport Business Zone, which provides for various industrial and business activities, including offices and limited retail, in an integrated mixed-use business park,” he said.
Alex ten Hove said the location beside Hamilton’s airport and key roading links was a major attraction of the fast-developing industrial hub.
“Businesses here sit just off SH21 and within a few minutes’ drive of SH1 and SH3. This position within New Zealand’s economic Golden Triangle provides ease of access to Hamilton, Cambridge and Te Awamutu, as well as Auckland and Tauranga.
“The well-designed units have the flexibility to accommodate various business needs and their convenient access to road and air transport networks facilitates seamless logistics and operations.”