Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Vacant unit in award-winning West Auckland business park

Media Release

Vacant unit in award-winning West Auckland business park on the market

A vacant ground-floor unit located in the Harbourside Business Park in West Auckland has been put on the market for sale or lease.

The property at Unit A1/485 Rosebank Road, in Avondale, features 216sq m of flexible office space and comes with eight allocated car parking spaces and unobstructed views of the inner harbour.

The sharp rise in demand for office space in West Auckland should attract investors, as well as owner-occupiers and tenants looking for quality accommodation outside the CBD.

The property is being marketed by Bayleys Auckland agent Mark Preston for sale or lease by deadline private treaty, closing at 4pm on October 26, and is featured in Bayleys’ latest Total Property portfolio magazine.

Mr Preston says: “The unit is being sold vacant, giving prospective buyers the opportunity to either occupy the space for their own business purposes or to use it as an investment and lease it out to others. The vendors are also inviting offers to lease the property.”

The unit, which has a capital valuation of $590,000, comprises a large open plan workspace, two offices, a boardroom, lunch room, reception area and associated amenities, including a 7.2sq m deck area at the rear of the building looking out towards the harbour.

Zoned Business - Light Industry under the Unitary Plan, the unit is located on the ground floor of a 862sq m building, which sits on a share of 8,796sq m of land within the Harbourside Business Park development.

The property had served as the Auckland offices of Australian company simPRO Software, which develops field service management software solutions for the trade and service industries, with clients ranging from small contracting businesses through to large enterprises.

The company had occupied the office for five years.

Other tenants in the building include: iDt, a company that offers cloud-based timesheet and rostering software for businesses in Australasia; A2Z Data Limited, which provides business software for SMEs; Fuchs Lubricants Australasia, which sells lubricants to the food, beverage, packaging and pharmaceutical industries; and the Rosebank Business Association, which promotes the economic development of the area.

Harbourside Business Park comprises five separate building modules with more than 20,000sq m of offices and warehousing on 4ha of land fronting onto the Waitemata Harbour. It won the Supreme Award at the Property Council’s 2005 awards, which recognise excellence in development projects.

Mr Preston says: “Harbourside Business Park is an in-demand address for businesses due to its strong transport links and proximity to the expanding west Auckland area. This is reflected in the very low vacancy rate for business accommodation.”

Rosebank Road is connected to the north-western motorway, which offers fast links to the CBD, Ports of Auckland and the other motorway systems, including the Waterview Connection, which leads to the airport.

Mr Preston adds: “The unit also come with generous, allocated car parking, which is increasingly hard to find on Rosebank Road.

“It would make a very attractive head office particularly for a small company looking to gain a foothold in the Rosebank area.

“Demand for properties on Rosebank Road, and within Harbourside Business Park, has been consistently strong from both investment and leasing market, with rental trends rising and yields firming.”

Bayleys Research’s latest survey of Auckland’s main industrial precincts put Rosebank Road vacancy at just 1.5 per cent, well under the historically low overall Auckland industrial vacancy rate of 3.47 per cent.

The survey showed uptake of 22,500sq m of industrial space since early last year, predominantly across three buildings, with no new vacancies.

Rosebank Road is often viewed as the closest industrial precinct to Auckland’s CBD and the location has additional business appeal, given its closeness to very large residential areas.

“Staffing is always an important consideration, and West Auckland offers the benefit of having established and growing residential catchments within a very short commute,” Mr Preston says.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Auckland Transport: Successful Bridge Repair Opens Two Additional Lanes To Traffic

The opening of two additional lanes on the Auckland Harbour Bridge this morning will help relieve some motorway congestion for motorists heading home to the North Shore tonight. More>>


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


University Of Auckland: Whale-Watching By Satellite – Follow Their Travels Online

Scientists have successfully attached satellite tracking tags to six New Zealand southern right whales, or tohorā, and are inviting the public to follow the whales’ travels online. Part of a major research project involving the University of Auckland ... More>>

Commerce Commission: Kiwibank Admits System Failures And Agrees To Pay Customers $5.2 Million

Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems. In a settlement dated 27 August 2020, Kiwibank admitted that ... More>>

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>