A modern industrial property in the heart of Frankton’s established commercial hub offers a scalable chance to secure a facility in one of New Zealand’s fastest-growing economic corridors, Bayleys brokers say.

Bayleys Commercial and Industrial Sales and Leasing specialists Alex and Luke ten Hove are marketing the vacant freehold property at 12-14 Charlies Way, for sale by tender, closing at 4pm on Wednesday, 30th October 2025 (unless sold prior).

Comprising a total floor area of 1,488sqm (more or less) on 2,039sqm of industrially zoned land, the property was constructed in 2010 to contemporary seismic standards. It combines a high-stud warehouse with premium office and reception facilities, plus a substantial ancillary apartment that can be configured for on-site living or adapted into executive office space.

Alex ten Hove says the warehouse itself offers 1,039sqm (more or less) of versatile L-shaped space, with stud eights of up to 9.2 metres, six 5.15 metre automated roller doors, and a secure concrete yard with automated gates for efficient container handling.

“An additional upper-level apartment, spanning 260sqm (more or less), offers boardroom-scale spaces, a full commercial-style kitchen, and additional flexibility for occupiers seeking high-quality ancillary facilities.

“The property is presently vacant, presenting immediate opportunities for owner-occupiers to establish themselves in Hamilton’s key industrial location, or for investors to leverage an assessed rental income of approximately $252,000 net plus GST and outgoings per annum.”

Frankton’s strategic positioning within the Golden Triangle - the trade and logistics corridor linking Auckland, Hamilton and Tauranga - underpins strong and sustained occupier demand.

Bayleys Commercial and Industrial Sales and Leasing specialist Luke ten Hove says the Waikato has been a clear beneficiary of structural shifts in the industrial market. As costs rise and available land tightens in Auckland and Tauranga, Hamilton provides occupiers with relative affordability without compromising on connectivity.

“With direct access to State Highway 1, the Western Bypass, and Hamilton’s CBD, this site is exceptionally well-placed for businesses servicing regional and national markets.

“The property is being marketed at a significant discount to replacement cost, with modern construction, low-maintenance design, and immediate availability, offering compelling fundamentals for both private and institutional buyers.

“In today’s environment of escalating construction costs and long delivery timeframes, acquiring a modern industrial facility at below build cost is undoubtedly a strategic advantage.

“This asset features all the hallmarks of a high-performing industrial holding - scale, functionality, adaptability – but without the capital intensity and risk associated with speculative construction and alternative development.”

Luke ten Hove says the ability to accommodate both operational and corporate functions on site adds another dimension to the property. “That flexibility enhances the subject property’s investment credentials, providing several alternative pathways for value creation.”

“This is a future-focused industrial asset that balances quality and affordability, offering investors and occupiers a unique chance to establish themselves at the heart of New Zealand’s growth engine.”