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Industrial unit for lease in bustling Albany

High stud warehouse with office space with carparking



Long term investment with development potential/new-zealand/en-gb/news/916/long-term-investment-with-development-potentialAUCKLANDLong term investment with development potential
Former Fire Station on high profile corner site/new-zealand/en-gb/news/915/former-fire-station-on-high-profile-corner-siteCHRISTCHURCHFormer Fire Station on high profile corner site

​​​Unit 4 59 Corinthian Drive warehouse small-min.jpgA brand new industrial unit is for lease in Albany, just moments away from Albany Mall.  

Unit 4 at 59 Corinthian Drive is on an elevated site with views over the Northern Motorway. It comprises a 465sqm high-stud warehouse and 144sqm of office space, totalling 609sqm. There’s a 32sqm extended canopy off the warehouse. The air-conditioned office space is split across two levels and the property has more than 10 exclusive carparks.

This opportunity is being marketed by Michael Perree of JLL’s North Shore specialist team. 

“This is one of KEA’s most recent developments. The location offers very easy access to the motorway and it is highly visible to passing motorway traffic too, giving your brand fantastic exposure,” Perree says. “The fact that the office space is split over two levels means you have the option to have a showroom on the ground floor.

“This location is also very handy to the supermarket and all of the other retailers at Albany Mall. Massey University and schools like Kristin, Pinehurst and Albany Senior High are close by.  The area has a mix of office and light industrial properties and there are several cafes and bars in the area,” Perree says. 

“The housing and schools in the Albany area are of a very high standard, making it a popular location for families. This unit could be an excellent lifestyle opportunity for someone who wants to reduce their commute and move their business closer to home. Having your own carpark within walking distance of North Harbour Stadium is a fabulous bonus too,” he says. 

“Albany has long been talked about as the key town centre on the North Shore and we’re really seeing that growth now,” Perree says. “It has become a lot more accessible in recent years thanks to the Northern Busway and improvements to the road network.”

Figures from Statistics NZ show that the area is growing. At the last census in 2013, 53,670 people were living in the Upper Harbour Local Board Area. This is a 25.2 percent increase since the 2006 Census. 

The population is also wealthier than average. In the Upper Harbour Local Board area, 32.3 percent of people aged 15 years and over have an annual income of more than $50,000, compared with 26.7 percent of people in New Zealand. 

The population is also better educated than average. In the Upper Harbour Local Board Area, 88.9 percent of people aged 15 years and over have a formal qualification, compared with 79.1 percent of people in New Zealand.

Click here to read the True Commercial article​