For sale - a big warehouse. Photo / Supplied
Two Airport Oaks properties, a warehouse and office building and a rare greenfields site, in Pavilion Drive next to Auckland Airport, are being sold through Colliers International
The 7457sq m modern warehouse and office building on a 9797sq m site at 132 Pavilion Drive is being offered for sale or lease through Brad Johnston, Greg Goldfinch and Paul Jarvie of Colliers International on behalf of Direct Property Fund.
"One of the key attractions of this building for industrial occupiers is its functionality," says Johnstons.
"It is an A-grade facility, only six years old, and features full height, clear span space across the entire 5197sq m warehouse."
Built in 2006, the warehouse has a stud height of 9.4m to 11.3m, drive-through access and roller doors.
The property includes a concrete yard and canopy areas of 1325sq m. Two-level offices and staff amenity areas occupy 935sq m of floor area.
"The facility was purpose-built for the current tenant, a logistics company, and would be ideal for a similar type of business to move in and start operating," Johnston said.
"Companies in the logistics, freight forwarding, transport ordistribution sectors would benefit from the modern, high standard of facilities and access to the airportand motorways provided by this building."
With the current logistics tenant vacating the building, the way is open for an owner-occupier to purchase the facility or for an industrial tenant to upgrade to a superior building in an excellent location.
"This property is well-situated in a new subdivision with great access to Auckland International Airport, as well as having excellent transport links via the southwestern motorway, which is accessed directly from nearby George Bolt Memorial Drive."
Jarvie says a Business 5 zoning allows Airport Oaks to house a wide variety of business uses appropriate to the airport area, including industrial activities, service stations, hotels, offices, taverns and entertainment facilities.
"Objectives of this zoning include the increasing use of better technology and management practices, and reducing the effects on the surrounding area of industrial and manufacturing activities. This has allowed the airport precinct to be developed into a mixed-use centre with commercial, industrial, travel, tourism, leisure and retail opportunities."
Johnston and Jarvie are also selling for a private investor a 3500sq m undeveloped site at 125 Pavilion Drive. The property is being sold by deadline private treaty, and offers close on March 28, unless it is sold before that date.
Jarvie says the site will suit owner-occupiers looking to construct a new facility to their own specifications in a popular and convenient location.
"It is ideal for freight, storage or distribution businesses which could benefit from a new facility in a premium airport location."
The level, regular-shaped site is surrounded by high-quality facilities in a modern industrial precinct which caters for 2000sq m to 3000sq m warehouses, says Jarvie.
Strong design covenants apply in Airpark 2 to ensure quality levels are safeguarded over the long term.
Johnston says significant upgrades to local roading infrastructure have benefited the location.
"Two motorways - the southern and southwestern - are now linked at nearby Manukau, which provides a smooth connection and eliminates navigating several sets of traffic lights as was the case previously.
"The Waterview extension to the southwestern motorway will also provide a quick alternative link right through to Albany on the North Shore."
Auckland Airport is 21km from Auckland's central business district and 12km from central Manukau, a growth hub for the Auckland region.