A commercial premises in Albany on Auckland’s North Shore is being presented to the market for sale or lease and will be available for occupation from January.
Located at 30A Kell Drive, the building has 1,572sq m of total net lettable area on a 3,338sq m site that is zoned Business – Local Centre Zone under the Auckland Unitary Plan.
Previously occupied by a supermarket and more recently Massey University’s design school, the property could be positioned in a range of different ways for its future usage, including education, medical, showroom, or retail.
Given the zoning allows for commercial and residential activities, the building could be redeveloped or repositioned down the line.
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The facility benefits from generous on-site car parking that will provide convenience for future occupants, customers, and suppliers.
Strategically positioned in Albany Village, the property is close to major North Shore landmarks such as Massey University, Westfield Albany, and North Harbour Stadium, all while offering convenient access to the motorway network.
Auckland’s CBD can be reached from the subject property in approximately 20 minutes during off-peak conditions.
Colliers Directors Shoneet Chand and Matt Prentice have been exclusively appointed to market the property for sale or lease via deadline private treaty closing at 4pm on Wednesday 12 November, unless sold prior.
Chand, Director of Investment Sales at Colliers, says the property offers buyers the chance to secure a high-profile North Shore landholding that has genuine versatility and long-term upside.
“This building may suit owner-occupiers who could acquire the premises for their own business operations and benefit from not being tied to a lease agreement, providing them future flexibility.
"There is also short-term holding income in place before the building becomes available in January,” Chand says.
“Prospective tenants may see this facility as the functional property they have been searching for that comes with excellent car parking.
“There is also an add-value angle that can be explored by developers or investors given the flexible zoning that allows for developments with a height limit of 18m.”
Albany is a key growth area in Auckland that has seen major residential developments in recent years leading to consistent population growth, driving a need for a wide range of commercial services.
North Harbour Stadium plays host to international sporting events, while some of the most recognisable retail brands have a presence in the suburb.
Prentice, Director of Sales and Leasing at Colliers, says Albany is readily accessible from the motorway and is a busy hub of activity on the North Shore.
“Albany benefits from the Northern Busway that supports commuters and the suburb continues to attract commercial and mixed-use developments,” Prentice says.
“We have a motivated vendor that has asked us to present all offers.”
- Supplied by Colliers
