"The total property to be subdivided and developed totals 106ha," says Peter Peeters of NAI Harcourts Whangarei. Included in this redevelopment are the port's former main wharves, goods sheds, freight handling yards and the former Tenix ship yard.
"The industrial sites are serviced by rail, road and sea," Peeters says. "In the first stage of the development there are three parcels of land available that each have individual access to the harbour and deep water and a further 15 lots with good road access to the launching ramp and the wharves.
"Section sizes start at 3880sq m and go up from there with some flexibility on the final size of the lots to be purchased. Options include purchase, lease to purchase, and build and lease back offers by some owners. Land can be purchased from upwards of $100 per sq m."
Waimauku supermarket.
Peeters is also marketing 4.806ha of land zoned Business 4 (Heavy Industrial) on the Marsden Point Rd in Ruakaka.
"This is possibly the most inexpensive industrial land available in the Northland district and is ideal for the development of a contractor's yard, mill site or other timber processing business," he says.
In and around Auckland investors have a range of properties to select from, with eight to be auctioned at the Royal New Zealand Yacht Squadron in Westhaven on December 4 at 11am.
Occupying a road front position in Surfdale on Waiheke Island, a freehold retail property at 8 Miami Ave is being marketed by Andrew Bruce and Rob Meister of NAI Harcourts North Shore. Encompassing a total area of 809sq m, the modern and fully refurbished two-level building constructed in 2006 has three tenancies comprising an authentic French cafe, creperie and bistro; a Vodafone outlet and one vacant retail shop that has a possible tenancy under negotiation. Meister says the potential annual rental income of the property is $75,165 plus GST.
At 46 Carr Rd, Mt Roskill, a 581sq m warehouse and office, with long-term tenants paying $69,600 per annum, is being marketed by James Lee and Nick Mi of NAI Harcourts Ellerslie. Lee says the investment property is within a popular Auckland commercial hub and will appeal to many investors.
In Waimauku village David Savery of NAI Harcourts Auckland West is marketing for sale a 1000sq m freehold and purpose-built modern supermarket. The concrete constructed retail property designated Unit 2 at 5-19 Factory Rd, is leased for $190,000 plus GST per annum. A 10-year lease commenced in March 2008 and has a final expiry, with the exercise of all rights of renewal, of March 30, 2028.
Savery says Fresh Choice is the anchor tenant among 14 other retail shops, including a medical centre, cafe, takeaways stores and residential apartments.
In Papatoetoe a two-level, freehold and mixed-use building, on the main retail thoroughfare in the town's centre, is for sale at 13-15 George St.
Marketed by Nicolas Ching of NAI Harcourts Auckland Central, the property includes side-by-side dual frontage retail space and is occupied by two retail tenants: Balaji Indian Takeaway and an IT company which pay combined rent of $57,000 per annum.
George St, Papatoetoe.
"The property includes residential accommodation upstairs, with plenty of parking to the rear of the site, and there is outstanding opportunity to add value," Ching says.
A quality investment property close to Hamilton's CBD at the corner of Anglesea, Knox and Hood Sts is being marketed by Mike Neale of NAI Harcourts Hamilton.
It is leased by Resene which pays annual rent of $168,500 and will be auctioned at 11 am on November 26 at 11 am, at the NAI Harcourts auction room on the corner of Forest Lake and Te Rapa Rds, Hamilton.
Neale says the high-profile property includes the freehold site of 1929sq m and a building floor area of 820sq m with 25 onsite carparks.
