Industrial site with wide appeal

The building was occupied by a sailmaker but is for sale with vacant possession.

Warehouse and office building is close to thriving shopping precinct in heart of an area growing in popularity

A Glen Innes industrial building with medium-stud warehousing and associated office accommodation on one level is being sold for the first time in 19 years.

"This property at 227 Taniwha St is expected to attract a wide range of owner occupiers, developers and investors looking for a versatile commercial property with good future upside," says Brennan Wyllie of Barfoot & Thompson Commercial who, with colleague Mike Jensen, is marketing it for auction at 10.30am on February 18 at the agency's 50 Kitchener St city office, unless it sells earlier by negotiation.

The building, on a freehold 883sq m site, has a floor area of 505.61sq m and is being offered for sale with vacant possession.

"Glen Innes has become a great place to live and work - situated less than 12km from Auckland's CBD and with a township centre that has been transformed into a retail magnet for shoppers," Wyllie says.

The property being auctioned is rectangular in shape with a depth of about 43m on the eastern side. The Taniwha St roadside boundary is 17.23m increasing to 25.56m at the rear northern boundary.

"It has been occupied by a sailmaker since 1996, and comprises a single-level medium-stud warehouse and office development that was constructed in the 1960s with a steel portal roof frame and gabled roof overlaid with long run iron," says Wyllie.

"The 429.2sq m medium stud warehouse area is clear span encompassing flexible workspace with excellent natural lighting from glazing on all sides of the premises.

"Truck access to the site is via Omaru Lane at the rear of the property where goods and materials can be delivered and stored in a gated yard area.

"The reception area and offices, occupying 76.41sq m, are at the Taniwha St end of the building and comprise a mix of open plan and partitioned work space that is also set up well for general showroom and product display. Staff amenities are at the front and centre of the premises which would provide flexibility if the property was to be leased to more than one tenant."

The property is on the northern side of Taniwha St and a short distance from its intersection with Apirana Ave. Glen Innes is close to commercial and industrial areas, in particular the Morrin Rd and Felton Matthew Ave areas, as well as the University of Auckland's Tamaki Campus.

"The large number of people working in these areas represents a significant potential customer base for the shops and businesses in the Glen Innes town centre which is anchored by Pak'n Save and specialist shops such as Nosh," says Wyllie.

"Glen Innes is well connected to central Auckland and has a train station on the eastern line of the Auckland rail network and is also a hub for Eastern Auckland City buses. The completion of the Ameti [Auckland Manukau Eastern Transport Initiative] project will further boost the popularity of the area."

Jensen says the property has generous car parking at the front and rear along with the availability of good parking off site.

"This sale represents an opportunity to secure a very tidy light industrial building in the rejuvenating Glen Innes business precinct which has been identified as a growth area in the Auckland Plan."

What's on offer?
The property: Warehouse and office building.
Location: 227 Taniwha St, Glen Innes.
Agency: Barfoot & Thompson Commercial.
Sales method: Auction 10.30 am on February 18.
Where: Level 3, 50 Kitchener St.
Features:
• For sale with vacant possession.
• Freehold 883 sq m mixed use site.
• Total floor area of 505.61sq m.
• Front and rear vehicle access.
• In rejuvenating Glenn Innes business area.