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Mangawhai’s first new specialist industrial and commercial premises hub in decades is currently being offered for sale as part of the Mangawhai Central development.
Northbase will feature 16 high stud industrial warehouses, 26 two-storey commercial and office units and car parking towards the rear of the development, behind the new Bunnings store.
Bayleys commercial broker Ben Clare says the new architecturally designed precinct will be the first purpose-built commercial facility of its kind in Mangawhai and units would be a freehold unit title development, meaning there would be no ground rent to pay.
The industrial units will range in size from around 117 to 220 square metres in size, offering warehousing, light manufacturing and storage options.
“The scope is pretty broad, with just a few covenants from Bunnings around things like home improvement, so they could be used by pretty much any trade or industrial business, or just for storage,” Clare says. “We’ve had people enquire about storage for campers or boats.”
There will also be three blocks of two-storey commercial service buildings comprising 26 units of at least 50 square metres.
These are targeted at businesses looking for commercial service or office space, with direct access from a vested footpath surrounding the buildings and carparking. There will also be a corner café servicing the new premises.
Clare says construction is due to start in the first half of this year with completion, titles and occupation expected by the end of next year.
He says although Northbase has only recently been put on the market, with the emphasis on selling the industrial units before the commercial units are sold or leased, interest has already been “pretty good”.
“There’s not a lot of this sort of thing in Mangawhai, so it should work well,” he says.
Clare says that delays in mains power connection experienced by other Mangawhai Central businesses in the past were expected to be dealt with by the time Northbase is finished, with no problems anticipated.
