Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Big Helensville opportunity with new lease to JUCY

Big Helensville opportunity with new lease to JUCY

A large industrial property in Helensville which has been occupied by the JUCY rental vehicle company since 2010 is up for sale with a new lease in place to the global tourism business.

Located at 40 Saleyard Street, the offering encompasses 1.34ha of land with a modern, functional 3,912sqm industrial building and a large sealed yard area used for vehicle parking.

The property will generate initial annual rental income of $285,000 for its next owner from a new six-year lease to JUCY which commences on December 2, with two three-year rights of renewal. Fixed annual rental increases of two per cent will also provide assured future rental growth, says James Were, who is marketing the property with Bayleys Auckland colleagues James Hill and Travis Nicholls.

Featured in Bayleys’ latest Total Property portfolio, the property is for sale by tender closing 4pm, Tuesday October 22, unless sold prior.

“This is an attractive yielding investment opportunity in an area experiencing significant growth and transformation and with a well-entrenched, award-winning multinational tenant,” says Were.

Best known for its distinctive range of innovative green and purple compact campervans or mini-recreational vehicles (RVs), JUCY was started in 2001 in Auckland with a fleet of 35 rental cars, operating from a small garage in Parnell. In 2003, the company began fabricating its own custom built campervans for hire across New Zealand. In 2008, it launched a fleet of 100 compact campervans in Australia and by 2015 had a fleet of over 500 vehicles for hire there.

In 2012, JUCY opened offices in the United States, and by 2015 had 200 campervans on the west coast operating out of Los Angeles, San Francisco and Las Vegas. It currently has more than 4,000 cars and campervans for hire across New Zealand, Australia and USA and employs more than 400 staff.

In New Zealand, JUCY also operates two cruise boats in Milford Sound and JUCY Snooze tourist accommodation in Auckland, Christchurch and Queenstown.

The company designs and builds its vehicles through its own manufacturing division, called JUCY By Design, in Helensville as well as in Los Angeles. “Around 90 per cent of the staff who work at the in Helensville plant live in the area so the company is a major contributor to the local community and economy,” says Were.

The Helensvile fabrication building was constructed around 2010. It has a main workshop area with a seven to nine metre stud, plus some additional lower stud workshops which include partitioned store and workrooms, shower and bathroom facilities. There are also two levels of office and amenities which include a lunchroom, separate male and female bathrooms, reception area, open plan plus individual offices and a boardroom.

“There is excellent access into the building, with multiple roller doors on the front and side walls providing good flow and functionality along with the potential for future subdivision into smaller units,” says James Hill.

Travis Nicholls says because of comparatively low property prices, Helensville is an increasingly attractive place for residents wanting to get away from big city prices and large-scale urban congestion and building intensification.

“Development around Helensville is being assisted by zoning changes, including provision for 1.0-1.5ha sites, giving a rural amenity within an urban precinct,” he says.

The property for sale is located opposite the A & P Showgrounds. Neighbouring businesses include Fletcher Concrete and Balance Agri-nutrients.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Twitter Wars, And The Muller Muddles

Whatever the failings of our own politicians, spare a kind thought for the majority of Americans who did not vote for Donald Trump. Sure, it was depressing this week to watch Todd Muller clinging for dear life to his talking points on Q&A, lest he be carried away in the slavering jaws of Jack Tame…. but this was mere incompetence, not malice. At the same time the President of the United States was (a) falsely accusing one of his media critics of murder, and (b) threatening to shut down Twitter for attaching a warning label to Trump’s attempt at poisoning the electoral process by falsely claiming that postal voting has led to extensive voter fraud... More>>


 


Government: Freshwater Package Backed By Comprehensive Economic Analysis

Decisions on the Action for Healthy Waterways package are supported by comprehensive environmental and economic impact analysis by leading New Zealand research institutes, universities, and private sector firms. More>>

ALSO:

National: "Todd Muller Announces Shape Of Next Government"

National Party Leader Todd Muller has announced the line-up of the next Government. “New Zealand is facing perhaps the toughest time that almost anyone alive can remember. “We are borrowing tens of billions of dollars to get us through this crisis. There ... More>>

ALSO:

Lockdown Rules: Timeline For Moving To Level 1 Needed

The BusinessNZ Network is calling for more clarity about the conditions under which businesses can move to Covid level 1. The network is concerned about large numbers of businesses that are at risk of closure if restrictions continue at the current ... More>>

Gordon Campbell: On National’s Day Of Reckoning

Congratulations. You are one of the 55 members of the National caucus being called together tomorrow to choose who will lead you to either (a) catastrophic or (b) honourable defeat on September 19, thereby saving some (but not all) of the jobs currently on the line. Good luck. Your decision process starts NOW... More>>

ALSO:


Budget 2020: Jobs Budget To Get Economy Moving Again

Investments to both save and create jobs in Budget 2020 mean unemployment can be back to pre COVID-19 levels within two years and could see the economy growing again as early as next year. More>>

ALSO:

Covid-19 Response: Law Setting Up Legal Framework For Covid-19 Alert Level 2 Passes


The law establishing a legal framework for the response to Covid-19 has passed its final reading and will become law in time for the move to Alert Level 2 tonight.
This is a bespoke Act designed specifically to stop the spread of COVID-19... More>>

ALSO:


Trans-Tasman Bubble: PMs Jacinda And Morrison Announce Plans

Australia and New Zealand are committed to introducing a trans-Tasman COVID-safe travel zone as soon as it is safe to do so, Prime Minister Rt Hon Jacinda Ardern and Prime Minister the Hon Scott Morrison MP have announced... More>>

ALSO:

Government: Support For Arts And Music Sector Recovery

A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19. Thousands of jobs will be supported through today’s $175 million package ... More>>

ALSO:

Government: New Zealand Joins Global Search For COVID-19 Vaccine

Foreign Affairs Minister Winston Peters, Research, Science and Innovation Minister Megan Woods, and Health Minister David Clark today announced a COVID-19 vaccine strategy, which will enable New Zealand scientists to contribute to global research efforts ... More>>

ALSO:

The Dig: Steady State Economics: We’ve Got Some (systems) Thinking To Do

In this time of impending economic and ecological crises, we urgently need to aim for a sustainable or ‘steady state’ economy. In order to get there, we will need to adopt a ‘systems-thinking’ outlook taking into account the interconnections of our complex world.

In short, we’ve got some systems thinking to do... More>>

ALSO:

Election 2020: Parties Get Into gear

The Green Party is pleased to reveal its candidate list for the upcoming election. With a mix of familiar faces and fresh new talent, this exceptional group of candidates are ready to lead the Greens back into Government. Using the most democratic list ... More>>

ALSO:

Insight Into Regenerative Agriculture In New Zealand

There is a fast growing movement in New Zealand that has been happening out in paddocks, fields, gardens and hill country across the nation. It is a movement that holds the promise to reshape our productive land use industries towards systems that work with the natural environment to regenerate the land. The movement is that of regenerative agriculture. More>>

ALSO:

Covid-19: Tracer App Released To Support Contact Tracing

The Ministry of Health has today formally released the NZ COVID Tracer app to support contact tracing in New Zealand. Kiwis who download the app will create a digital diary of the places they visit by scanning QR codes displayed at the entrances to ... More>>

ALSO:


Govt: Deep Concern At Hong Kong National Security Legislation
Foreign Affairs Minister Winston Peters today reiterated the deep concern of the New Zealand Government following confirmation by China’s National People’s Congress of national security legislation relating to Hong Kong.... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels