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Home / Property

Industrial unit surrounded by water and extensive native planting for lease

By True Commercial
NZ Herald·
9 Aug, 2019 05:00 PM3 mins to read

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A small industrial park is underway in coastal Raglan. Two units have been completed - one is tenanted and the other is for lease. Photo / Supplied

A small industrial park is underway in coastal Raglan. Two units have been completed - one is tenanted and the other is for lease. Photo / Supplied

A small industrial park is underway in coastal Raglan. Two units have been completed — one is tenanted and the other is for lease.

The two are the first stage of a five-unit development at 12 Nau Mai Rd, about 10 minutes from Raglan's main commercial area.

The beachside town, 48km west of Hamilton, is booming through tourism and commuters moving from Hamilton. But there hasn't been high demand until recently for industrial premises.

To fit with what Bayleys Hamilton salesperson Jordan Metcalfe says is Raglan's "natural ethos", the developer hasn't built a standard shed with a wire fence.

"He had it designed with some key features and almost residential-style architecture in mind," said Metcalfe, who is marketing unit one for lease.

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"Surrounded by a natural stream on the western boundary, a pond to the north and east of the site, and extensive native planting, the 307sq m unit one is split into a 210sq m high-stud warehouse, a 47sq m showroom/office and a 50sq m one-bedroom apartment." The unit has three-phase power, fibre internet, and clearlite at the ends of the warehouse to bring in natural light.

Two 3.6m roller doors provide access to the warehouse. Other doors can be put in, said Metcalfe. There is also a secure yard with drive-through access.

"The warehouse was designed so it can be split into smaller tenancies and the offices and apartment can each be leased separately, or one tenant can take the entire building," he said.

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"The apartment would give a tenant a great live and work lifestyle. This property is as practical as it is aesthetically pleasing. The developer has put a lot of effort into the landscaping and overall set up of the site in order to align with Raglan's natural ethos."

At a yearly rental of $45,286 plus GST and outgoings, Metcalfe said the property is suited to a range of businesses, light industries, and tradesmen, particularly as work has started on a 500-house subdivision nearby.

The subdivision has also created its own infrastructure, including new roading and a bridge. "Tradies are always needed," Metcalfe said. "The industrial park is well positioned to service Hamilton, which is 30 minutes away, and the wider golden triangle of Tauranga, Hamilton and Auckland."

Unit two has been leased to Milkbar, a New Zealand on-line maternity clothing and breastfeeding accessories company. "The company owners wanted to live in Raglan, so this is an ideal set-up for them."
For unit one, the property owner would prefer a three-year or longer lease, but is open to options, Metcalfe said.

No time frame has been yet for completion of the other three units. "There are not a lot of industrial businesses in Raglan, but a company looking for cheaper rent and new premises with a housing component could find the development suits them, particularly as the developer is open to most types and sizes of configuration," Metcalfe said.

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Known for its famous surf breaks, arts and crafts and cafes and restaurants, about 5000 people live in Raglan.

While many work locally a significant number commute daily to Hamilton. Visitors to the town over summer swell its population by 300-400 per cent.

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