An under-construction industrial building in the popular suburb of Te Rapa in Hamilton is available for lease and will be ready for occupation in the middle of next year.
Located on a 3,908sq m freehold site at 23 Clem Newby Road, the property will have a 1,830sq m warehouse with 450sq m of office space when complete. There will also be 850sq m of yard space, of which 450sq m will be covered by the warehouse canopy.
The clear span warehouse will have a 9m stud height, maximising storage capacity and offering considerable flexibility for different operators. There are 12 car park spaces and plenty of nearby street parking.
The central right of way access enables easy truck access and circulation of traffic to and from the property. The building will also have excellent profile on the corner of Chalmers and Clem Newby Roads.
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Sustainability is at the heart of the development and some features of this high spec build include solar panel capability, thermally broken joinery, energy and water efficient fixtures, low emission vehicle infrastructure, end-of-trip facilities, and rainwater harvesting and reuse.
With these features central to the development, a 5-star Green Star Design & As Built rating is being targeted, while GreenTag-rated products are also being used in the construction of the building. The property has been designed by T Plus Architects.
Colliers Hamilton Directors Alan Pracy and Blair Hutcheson have been exclusively appointed to lease the property via negotiation.
Pracy, Director at Colliers Hamilton, says being able to secure the space with plenty of lead-in time will allow future occupants to carefully plan their future move.
"This premises is extremely versatile and might be the perfect opportunity for a firm that is looking to scale up or one that is keen to base themselves in a sustainable building," Pracy says.
"With completion on target for June of next year, the building will be ready for occupation the following month.
"The developer is focused on delivering a high-performing, energy-efficient build which will provide several long-term benefits that contribute to reduced occupancy costs for the incoming tenant."
Te Rapa has established itself as a premier industrial location in Hamilton owing to its connectivity to the motorway network, allowing for easy movement north to Auckland.
Hamilton's central location with New Zealand s economic Golden Triangle also means it benefits from continued commercial activity that makes it an attractive location for businesses.
Hutcheson, Associate Director at Colliers Hamilton, says the city continues to develop with economic activity in Hamilton underpinned by construction firms, real estate services, and businesses within the professional, scientific, and technical sectors.
"According to data from Infometrics, economic growth in Hamilton City averaged 3.7 per cent per annum over the 10 years to 2024 compared with an average of 3 per cent per annum in New Zealand," Hutcheson says.
"Employment growth in the city has outperformed the national figure for the past seven years, showing Hamilton is continuing to create employment opportunities for its population that also continues to grow.
"The chance to lease space in a new build that will provide impressive sustainability credentials is one that is not to be missed."
- Supplied by Colliers
