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Colliers are proud to have been exclusively appointed to market 38-40 Westpoint Drive in Hobsonville by way of Deadline Private Treaty, closing Wednesday 16th November 2022 (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 8-year, triple net lease, this investment returns $1 million p.a. + GST and enjoys two further rights of renewal of 8 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 and from SH18, being only 2 minutes’ drive away. 38-40 Westpoint Drive also provides excellent access to Auckland Airport (30 minutes), Auckland CBD (25 minutes) and Albany (18 minutes).
The building, which was designed by Williams Architects and constructed by Macrennie Construction, was completed in 2019 and serves as one of Autex Industries' insulation manufacturing and storage facilities. The building itself is comprised of 4,616m² high stud warehouse, 478m² of office, 599m² of canopy and 32 car parks. The building occupies a generous 8,018m² of Light Industry land with frontage to Westpoint Drive of approximately 100m. This new facility features two spaces mirrored in design allowing for future operations continuing as one entity, or split into two tenancies. The building was designed with efficiency and Greenstar principles in mind. The design, construction and durability of materials used saw Autex Industries be awarded a Merit in the Industrial Building Category.
Contact the Sole Agents for more information:
Greg Goldfinch - 021 537 682
Dhiru Patel - 021 340 480
Craig Smith - 021 490 580
Features:
* New 8 year, triple net lease
* Returning $1,000,000 net p.a. + GST
* 5,094m² total gross floor area
* 8,018m² freehold Light Industry land
* Fully insulated warehouse roof
* Solar roof panels along with 4 EV charging units