New Whangamatā units in purpose-built hub

Six brand-new industrial warehouse-style units and two adjoining commercial premises – all located in one of the Coromandel Peninsula’s foremost seaside townships – have been placed on the market for sale.

The new industrial and commercial building hub is located within Whangamatā’s compressed industrial and ‘big-box’ commercial precinct bordered by Wattle Place, Martyn Road, the northern side of Casement Road, and the Wentworth River. Big-name tenancies within the surrounding neighbourhood include Bunnings, Carters, Firth Concrete, New World, and a Waitomo fuel outlet.

Construction will soon begin on six high-stud warehouse units ranging in size from 164 square metres up to 218 square metres, and two street-facing commercial premises of 174 square metres each. The terraced units sit on a 3,032-square metre (more or less) rectangular block and are being marketed for sale separately.

Each of the industrial warehouse units will have high roller door access, occupier bathroom and kitchenette amenities, two allocated car parks within a fully fenced large, sealed yard wide enough for a truck to undertake a three-point turn, and access to a dedicated vehicle or boat wash-down zone. Meanwhile each of the two commercial premises will have floor-to-ceiling windows along most of their width, with seven car parking spaces each.

The eight units at 105A Lindsay Road in Whangamatā are being marketed for sale individually by Deadline Private Treaty through Bayleys Whitianga, offers closing on September 9 (unless sold prior).

Salesperson Josh Smith says the clean-lined and functional development will be the first of its kind for Whangamatā, and target owner-occupiers seeking either brand-new, garage-style warehousing space or office premises in the prosperous seaside town.

Initially, only four of the industrial units will be available to purchase.

“There is virtually no available suitable land to expand industrial activities in this part of Whangamatā, and as a result, sites like this are highly sought after because of their close proximity to both the town’s central business district and surrounding residential population,” Smith says.

“This type of multi-unit, tilt-slab premises in a hub format has become the ‘norm’ over the past 15 years in most New Zealand centres – either being built in greenfield locations as towns and cities expand, or replacing old and dated inefficient buildings and compounds as buildings on those sites come to the end of their useful life.

“The high spec’ warehousing premises being built in Lindsay Road could easily be utilised as a secure high-stud ‘lock-up-and-leave’ building suitable for not only housing a private car collection, but also as terraced tilt-slab premises suitable for covered lock-up boat, caravan or motorhome storage.

“Alternatively, the units are eminently suitable for use as a tradie warehousing facility for occupation by the likes of builders, plumbers, electricians, drainage contractors, or telecommunications installation and maintenance specialists with a fleet of two or three vehicles and a need for convenient storage space just a short drive to all parts of residential Whangamatā.”

Smith says he has already fielded interest in the warehouses from within the affluent Whangamatā Beach Hop classic car community – with hot rod owners looking for secure space to store their vintage high-value classic cars. The world-famous Whangamatā Beach Hop is New Zealand’s biggest classic car club gathering – attracting more than 100,000 enthusiasts to the town annually across four days.

Many of the classic cars proudly showcased at Beach Hop are worth more than $150,000. Their passionate owners spend years and vast sums restoring the vintage big engine vehicles for proud display, and then tour around the country attending various hot rod meets.

“Whangamatā township is located some 1.5 hours’ drive from Tauranga, two hours’ drive from Hamilton, and two hours’ drive from Auckland. As a result, classic car owners see it as a destination where they can garage their vehicle for easy access to other hot rod meets throughout the year, while simultaneously keeping their odometer mileage down, and also benefiting from insurance premiums which recognise the secure environment in which the vehicle is stored,” Smith says.

Smith says that facing onto Lindsay Street with the potential for prominent company signage and branding, the two commercial units for sale are more suited for owner-occupation by the likes of professional service businesses, or even a café/bakery to service staff working at the multitude of surrounding businesses.

He says that concentrating multiple ‘like-minded’ commercial entities into one address will support Thames-Coromandel District Council’s plan for more efficient land utilisation in the province’s townships.