James Hardie

Industrial Complex: O’Rorke Road, Penrose Purchased in July 2004 as a long term investment and redevelopment opportunity for the Group, the property comprises two separate land holdings totalling 126,917 sqm, upon which are approx. 40,000 sqm of buildings. Subject to a long term lease to James Hardie Industries, this property presented a unique land banking…

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Lunn Ave

46 Lunn Ave, Mt Wellington Location purchased an older industrial block, at 46 Lunn Avenue, Mt Wellington. The units are already on separate freehold titles and require a cosmetic make over including minor re-cladding, painting, landscaping before re-offering to the market. The units range in size from 230 sqm to 590 sqm and are available…

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Marua Road

Investment Opportunity: 248 – 252 Marua Road, Ellerslie This development comprises an existing structure (Stage 1) which has been substantially refurbished into 9 commercial units and a new building on the adjacent site which provided a further 9 units. The zoning is Business 4, which provides for varying small business uses with discretionary use for…

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Large Land Holding

645 Great South Road, Penrose We purchased this large land holding of 24,691 sqm with outstanding exposure to one of NZ’s busiest roads in October 2003 on a long term settlement basis and had been investigating various concept ideas for its redevelopment. In late 2004, however, an opportunity arose to on-sell the land to another…

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Ex Gordon & Gotch

2 Carr Road, Mt Roskill Bought “off market” in late 2004, the property comprised a land holding of 2.7058ha on which were 8,219 sqm of office / warehouse. Subject to a short term lease, the property offered us the opportunity to develop a quasi retail centre within an area with strong demographics. Our instincts were…

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Kalmia Street

Refurbishment & Construction: 22A Kalmia Street, Ellerslie The refurbishment and new construction of a 13 unit mixed use development providing opportunities for both commercial and/or residential owner occupiers. Completed in June 2004, the units offered a loft style atmosphere, outdoor gardens, mezzanines and attractive decks.

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Vestey Drive

Office / Warehouse: 23 – 30 Vestey Drive, Mt Wellington Purchase of a strategic land holding in sought after location. Immediate commitment from Estee Lauder to a new design built office / warehouse complex and subsequent completion of the balance of Stage 2 to a variety of office and office / warehouse occupiers.

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