Now for sale, the land and buildings of a complex in the West Auckland suburb of Kelston could suit a range of purchasers.
The property is being marketed for sale by tender through Bayleys Auckland, with tenders closing at 4pm on August 9. It features in Bayleys' latest Total Property portfolio magazine.
Bayleys Auckland salespeople Mike Adams and Jean-Paul Smit describe two distinct buildings: the first was constructed in 1961, with several extensions added during the ensuing 10-years; while the second was constructed in 1998.
Adams adds that the facility, owned by Polar Buildings, has well-maintained office spaces, meeting rooms, and warehouses.
"The current tenant is one of New Zealand's largest private training providers, which has has decided to relocate to a site more suitable to its needs.
"This provides an opportunity for buyers who are investors or owner-occupiers," he points out.
There is 2935sq m of building space, encompassing offices/classrooms, a large gymnasium facility plus a high-stud warehouse, lunchroom and bathroom amenities, with car parking for more than 50 vehicles.
The buildings sit on 7786sq m of freehold land zoned Business-Light Industry, allowing for the construction of commercial structures up to 20m high, with the potential to be tenanted by retail, food and beverage, office or tertiary education entities. The property has two main components:
Offices, classroom facilities and gym are in Building 1, while the adjoining workshop area, complete with an external canopy, is in Building 2.
• Building 1 comprises a rectangular-shaped two-level masonry block structure with dual entry. The upper level is an open plan floorplate which can be used in an auditorium setting. It also has a kitchen and dining room area.
• Building 2 is a 1037sq m workshop built with concrete tile panels and divided into four spaces by corrugated galvanised iron walls. The workshop has varying stud heights of up to 8.4m, with access to the canopy through both roller doors and single timber-framed doors.
Smit thinks the buildings would suit future use tenancies such as an education provider, community group, or religion-based organisation.
"The multi-space configuration of the buildings means numerous activities can be conducted at the premise simultaneously. Alternatively, those spaces could be integrated into bigger hall-sized rooms," says Smit.
"With several bathroom amenities located within the greater premises, the buildings are well suited to handling high volumes or people concurrently.
"Alternatively, the high-stud nature of the warehousing building, combined with the roller-door access under canopy, would easily sustain a warehousing, manufacturing or distribution-based businesses."
Building 1 is rated at 50 per cent of New Building Standard, while Building 2 is rated at 100 per cent of NBS. Both are made with concrete slab flooring.