Archive | Otaika

Foodstuffs’ Otaika distribution centre on market

Published 13 October 2006

Foodstuffs (Auckland) Ltd’s former Whangarei distribution centre, in the Otaika heavy industrial area, is up for sale with a number of parties already interested in one of the city’s largest industrial complexes.

The distribution centre contains more than 10,000m² of warehouse, showroom & office space on a 4ha site on Dyer St, which Foodstuffs & its subsidiary, Gilmours, had occupied since the mid 1970s. It’s being offered for sale with vacant possession through a tender closing on 26 October.

The property is being marketed by Paul Dixon & Stuart Bode, of Bayleys Real Estate’s Auckland office, in conjunction with Lloyd Budd of Bayleys Northland.

The complex comprises approximately 8217m² of warehousing, including an inward goods area, a coolstore, enclosed truck dock & other specialist store rooms.

The complex has a 1355m² ground-floor retail showroom and 831m² of first-floor offices & amenities.

Mr Dixon said parties expressing interest so far had looked at the property for redevelopment, with potential uses as diverse as a subdivided smaller-unit industrial park or as a training facility.

Mr Budd said industrial land was scarce in Whangarei. Marsden Pt was 20 minutes’ drive away and had opportunities for greenfield development, but much of it was committed to large end-users like Carter Holt Harvey, Mighty River Power, the port, Comalco & the refinery. Carter Holt Harvey, for example, had taken 18ha of the business 4-zoned land for its laminated veneer lumber plant. The port land was also only available as leasehold to direct port users.

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Attribution: Bayleys release, story written by Bob Dey for this website.

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