The opportunity

Colliers has been exclusively appointed to market 38-40 Westpoint Drive in Hobsonville, Auckland, by way of deadline private treaty closing at 4pm on Wednesday 16 November (unless sold prior).

This property is an ’A-grade’ industrial investment opportunity situated in the burgeoning industrial precinct of Hobsonville. Leased to Autex Industries on a brand new eight-year, triple net lease, this investment returns $1 million p.a. + GST and enjoys two further rights of renewal eight years each. Autex Industries are specialist designers and manufacturers of innovative acoustics and insulation products for the built environment.

The building is prominently located inside the Brigham Creek Business Park in Hobsonville, which enjoys convenient access to SH18, just two minutes’ drive away. 38-40 Westpoint Drive also provides excellent access to Auckland Airport, the CBD, and Albany can all be reached within a 30-minute drive.

Features:

New eight-year triple net lease
Returning $1,000,000 net p.a. + GST
5,094sq m total gross floor area
8,018sq m freehold site
Light industry zoning
Fully insulated warehouse roof
Solar roof panels along with four EV charging units

Call the sole agents today to register your interest.

*Boundary lines are indicative only.

Highlights

Freehold industrial landholding with modern warehouse

Designed by Williams Architects and built by Macrennie Construction in 2019, the building serves as one of Autex’s insulation manufacturing and storage facilities. The building comprises a 4,616sq m high stud warehouse, 478sq m office, and 599sq m of canopy, plus 32 car parks. It occupies a generous 8,018sq m site with light industry zoning and around 100m of frontage to Westpoint Drive.

Solar roof panels along with four EV charging units

The facility is made up of two spaces mirrored in design that allows for future operations to continue as one entity or to be split into two tenancies. The building was designed with efficiency and Green Star principles in mind. The building has been recognised for its design, construction, and durability, and received Merit in the Industrial Property Category at the 2020 Property Council Industry Awards.