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Home / Property

'Urgent' sale on city fringe as firm moves on

NZ Herald
16 Aug, 2014 03:43 AM4 mins to read

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Urgent Couriers has owned its warehouse and office for about five years.

Urgent Couriers has owned its warehouse and office for about five years.

Urgent Couriers' office and warehouse property in Kingsland in the Auckland city fringe has been placed on the market for sale by auction following the company's decision to move to larger premises.

colliers.co.nz/25431

The company has owned and occupied the building at 355 New North Rd since 2009 and it is scheduled to go under the hammer at 3pm on Thursday, August 28, in Colliers International's auction room at 151 Queen St, Auckland, unless it sells before.

Senior broker John Davies, who is marketing it with colleague Peter Kermode, says the building has flexible internal space that can be tailored to suit a wide variety of occupiers.

"It has top-quality fit out and the location is unbeatable right in the middle of the action at the city end of Kingsland on busy New North Rd."

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Kermode says Urgent Couriers is reluctantly selling the property, having outgrown the building. "The property has served the company well for the past five years. However, the business has been very successful and has become too big for this site.

"We now have this excellent building to offer to the market. The outgoing owner is leaving a substantially refurbished space, completely re-cabled for data and a separate air-conditioned server room, with many great features including fully integrated security, acoustic ceiling panels, car parking out front and modern kitchen facilities.

"We are sure we will field a lot of interest from businesses wishing to relocate to this high-quality, well-located property."

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The 683sq m, three-level (including secure basement) building was constructed in the 1980s on a 371sq m freehold, road-front site that is zoned for mixed use. It was extensively refurbished in 2009 and the fit out has been continuously maintained and improved by Urgent Couriers, Davies says.

Security features include CCTV cameras, swipe-card door access and secure parking for eight cars in the basement. Off-street parking for four cars is at the front of the property.

Bathrooms are on the upper floors, with the ground floor amenities wheelchair-accessible, and the property is fully air-conditioned.

"The owners are leaving a superb property for new occupiers to walk in, plug in their laptops and start operating straight away," says Davies.

The ground floor has a 201sq m warehouse space with partitioned offices and meeting rooms.

Kermode says level one provides 243sq m split into offices and meeting rooms, which could be opened up for open-plan work space.

"The building offers a great opportunity for a business to get a piece of the action in Kingsland, and tailor the space to their needs. A retailer could even open up the ground floor frontage to convert the warehouse space into a showroom."

He says stand-alone city fringe buildings of this quality are rarely placed on the market. Its off-street parking and main road profile are strong drawcards given the more than 17,000 vehicles that use this part of New North Rd daily.

It is in close walking distance of the cafes and bars of Kingsland village as well as Eden Park.

"This is traditionally a light industrial warehousing and commercial services area, but in recent years there has been a trend towards more mixed uses, with several apartment developments in the immediate area taking advantage of the central location and elevated land profile."

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New North Rd provides excellent access to the motorway and the Auckland CBD, with the redeveloped Kingsland Train Station also close by.

Kermode says Kingsland's New North Rd commercial strip is undergoing a revival, following trends seen in past decades in suburbs such as Parnell and Ponsonby.

"Kingsland, which was once fairly down-at-heel, has the key ingredients of a central location, good motorway, bus and train links and a wealth of character buildings. We're now seeing commercial owners coming in who are willing to work with the existing buildings, contributing to the area becoming a trendy and character-filled place to work and play. Typical people living in Kingsland are now affluent, in their 30s and 40s, who have money to spend eating, drinking and shopping."

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