"It offers a mix of well-presented and functional first-floor office space plus a ground-floor area ideal for either technical servicing, light assembly or manufacturing, showroom display, laboratory testing, on-site archiving or file storage or warehousing."
The building comprises a ground-floor area of 84.77sq m, first-floor office space of 227.1sq m and an entrance lobby of 34.66sq m.
"While it was built in the mid 1980s, it still has a modern appearance with a timeless exterior faade clad in mirror-glass curtain walling and was extensively refurbished in 1999 including a new roof," says Bruce. "Other features include a road-front position in Diane Drive, easy motorway access to State Highway One at the Tristram Ave interchange just 1km away and functional layout with flexibility."
He says the property is vacant and it has been for lease for an extended period. "The owner is motivated to sell and wants it gone. The capital valuation as at July 2011 is $560,000 and it would be impossible to buy land in the area and build for this price."
Previously it served as the North Shore head office for the combined business of Valentines Restaurant, Sierra Coffee and Palmers Garden Centres. It also housed Sierra Coffee's roasting and training facility.
Bruce says the annual rental at that time was $68,302 plus GST, plus outgoings. More recently the property has been available for lease by negotiation.
He says Wairau Valley has traditionally been the North Shore's main industrial area, but many of its older properties are being redeveloped and refurbished.
"Increasing commercialisation and a trend toward conversion to bulk retail, home improvement and showroom uses have resulted in a renewed level of interest in the precinct," he says.
"Business operators, developers and investors alike are recognising the advantages that such an established area offers in respect of its existing infrastructure, shorter travel distances and, in many cases, lower rental costs and prices."
The property is zoned Business 9 under the operative North Shore City Council District Plan 2002, which allows most industries and commercial office uses excluding those of a noxious or offensive nature.
The first-floor offices comprise a large open-plan area, partitioned reception area, two large front offices extending across the width of the building, separate office, kitchen and lunchroom, storeroom, toilets, shower and rear fire egress stairs.
"The ground-floor area is fully lined with plenty of large windows providing excellent natural light," says Bruce. The floor is painted concrete with a stainless steel sink bench unit to one end, a separate double-door external entrance and internal access to the enclosed garage with roller-door entry. Natural gas has also been installed and the upper floor main office area has ducted air-conditioning.
The office areas are newly carpeted while the amenity and kitchen areas have vinyl floor covering.
Chattels that are included in the sale include the burglar alarm and a dishwasher.
