Big versatile industrial site

The Hobill Ave site can accommodate a big business or several small ones.

A 3.1ha complex in the heart of the central Wiri industrial district is available for sale or lease through Colliers International's Auckland industrial team.

www.colliers.co.nz/23182

The property at 21 Hobill Ave, minutes from State Highway 1, has 15,125sq m of floor space, making it one of the largest industrial sites in the area.

Its new owner will be refurbishing the vacant building to present an attractive and functional business park environment.

Colliers' national director of industrial, Greg Goldfinch, who is marketing the property with colleagues Dwayne Warby and Andrew Hooper, said it contained 14,865sq m of warehouse space with a 10-metre stud height and large external yard area.

"This property and its associated yards are massive and it is available for occupation by a single business or can be subdivided into smaller units or tenancies, depending on market demand," Goldfinch said.

Warby said that with a 10-metre stud to the knee, a convenient and accessible location and significant size, the property offered attractive fundamentals.

"For businesses looking for large, high-stud warehousing and big yards, this property offers a cost-effective option. It's very unusual to find high-stud facilities on this scale, and if you do find one, it will probably be a modern building which will come at a much higher cost than this property."

The availability of large-scale industrial areas was diminishing in South Auckland, Warby said, so the property was expected to be in demand among businesses looking for attractively-priced industrial space with easy motorway access.

The building's previous occupants have included Frucor Beverages, Mainfreight and Capral Aluminium.

It has a heavy-rated concrete floor, gantry cranes running the length of the building, multiple roller doors and drive-around access.

"No matter what the final configuration of this property ends up being, its ability to accommodate a huge range of activities due to its heavy-rated construction, gantry cranes and high stud means it presents versatile options to a big variety of occupiers," Hooper said.

The property is close to main arterial routes, including Wiri Station Rd, State Highway 1 and the South Western State Highway 20 motorway.

Goldfinch said Wiri was one of Auckland's fastest-growing commercial zones and home to several major manufacturing and distribution complexes.

"Despite its increasing favour as a business location, Wiri still offers cost benefits over more traditional industrial areas in South Auckland, where land prices are at a premium."

Goldfinch said Wiri would benefit from Auckland Transport's project to connect Auckland International Airport with State Highway 16 along the Southwestern Motorway.

"When the Waterview Connection is finished it will complete the city's western ring route, providing dual access from Wiri to Auckland's CBD."

Warby said that because of its Business 6 zoning, the area appealed to occupiers needing premises that permit heavier industry uses.