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Buyers gear up to buy vacant trucking warehouse and yard

Tags: Commercial

The former mechanical repair warehouse, loading bay, administration offices, and parking yard of long-standing logistics and freight forwarding firm Morrinsville Transport Ltd has been placed on the market for sale.

The substantial site in the Waikato township features a 680 square metre building sitting on 4,442 square metres of freehold land zoned commercial 8A. The imposing workshop, warehousing and administrative premises at 51 Anderson Street is located in the heart of Morrinsville’s industrial precinct, and is surrounded by secure wire fencing.

The land and buildings are being marketed for sale at auction at 11am on May 17 through Bayleys Hamilton. Salesperson Josh Smith said the building infrastructure and substantial landholding within the vacant site were a perfect ‘turn-key’ opportunity for any business with heavy trucking or industrial vehicle maintenance at the core of its operations.

“This is a substantial trucking facility ready for immediate occupancy – containing virtually all aspects of a freight vehicle maintenance or logistics business… from parking space and mechanical maintenance infrastructure through to the ancillary administrative premises,” Mr Smith said.

“The property’s main office building is a high-stud structure containing a reception area, two large offices, staff kitchen, and bathroom amenities all connecting to the main warehouse floor to the rear.

"Vehicle access to the warehouse is via a single full height roller door. The building is constructed with steel supports and beams, and lined in corrugated iron on a concrete flooring pad.

“The metaled yard at the rear of the premises provides substantial parking, and the ability to maneuver heavy haulage vehicles on site – with dual access off Anderson Road down either side of the warehouse. The high-stud warehouse allows for goods to be handled undercover, or for repairs and maintenance of vehicles to be undertaken on-site.”

Mr Smith said the expansive flat area to the rear of the site could alternatively sustain additional substantial warehousing or industrial buildings along its boundary. He said that over the decades, Morrinsville Transport Ltd had been involved in the all aspects of heavy road haulage – ranging from livestock, through to road metal and containerised goods.

Anderson Street runs parallel, one block back, with State Highway 26 which links the south-western quarter of Morrinsville with Hamilton some 30 kilometres away. Matamata Piako District Council’s long-term plan for Morrinsville’s urban growth strongly supports the on-going location of industrial premises in this part of the town to be compatible with the sector’s existing industrial land use.

“The council is looking to limit the amount of greenfield development in its major settlements – Morrinsville, Matamata and Te Aroha. As a consequence, land within the existing urban boundaries of these towns – such as 51 Anderson Street – will become more sought-after as any redevelopment of the land and buildings should be easier to consent within the council’s own guidelines,” Mr Smith said.

Matamata Piako District Council’s long term plan for Morrinsville is also actively promoting that:: “Industrial development occurs in the vicinity of existing rail links and major transport routes.”

Mr Smith said surrounding tenancies in the Anderson Street locale included food manufacturers, engineering firms, automotive servicing companies, building supply outlets, trade-based company premises, and industrial processing firms.

“The proximity of this land to one of the key routes sustaining the Waikato regional highway network is a key reason Morrinsville Transport Ltd operated from the location for more than three decades before it was bought out by a larger trucking firm at the beginning of this year and relocated to be within the new company’s premises,” he said.

“Morrinsville – like Cambridge and Te Awamutu elsewhere in the Waikato – is increasingly being seen by Hamilton and Waikato-centric firms, as a more cost-effective location in which to be operating from compared to Hamilton city-fringe sites with their higher land costs and greater traffic congestion.

"Morrinsville however has the advantage of being a key geographic link between Hamilton and the Coromandel, Hauraki Plains and Bay of Plenty regions."

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