Yesterday was announced that super yacht builder Alloy Yachts is selling its huge industrial premises on a 1.8 hectare freehold site in Henderson directly adjacent to the north western motorway at the Lincoln Rd interchange. For 30 years Alloy Yachts has occupied the site but concluded the business about two years ago when global demand for super yachts collapsed. Much of the plant has already been sold in a separate series of auctions.
"The premises are arguably the largest of its type in west Auckland," states Bruce Whillans, of Whillans Realty Group. With Peta Laery and Tim Boyle of CBRE, they are marketing the property for sale with vacant possession by tender closing November 26.
The property covers more than 11,750 square metres of warehouse and mezzanine storage with 1250 sq m of office space and an extensive yard area.
The site has dual street frontages and various access points. The property has 107 on-site parking spaces and it is fully security fenced.
The smallest site that contains the original warehouse and Alloy Yachts' office is the 5722 sq m Selwood Rd site. A 1950s brick and tile house transformed into office space is also on the property.
At the Concourse address, the site backs onto Henderson Creek and this portion of the property was developed in stages between the late 1990s and 2011. The site consists of a large five bay warehouse with stud heights ranging between 10 and 14 metres, mezzanine workshop, a three level office building and an extensive yard area.
The Alloy Yachts' site is defined Heavy Industrial under the Proposed Auckland Unitary Plan (PAUP) allowing for all heavy industrial activities.
"Under this zoning the property could be used for a variety of purposes including retail and wholesale storage users, factory and assembly businesses and industries that involve intensive industrial usage," Boyle states.
"The property could also be suitable for a production company, indoor entertainment centre or another boat building business. Longer term the site could also be redeveloped or re-configured to suit a distribution centre. Under the PAUP there is also provision for drive-through facilities, garden centres, and motor vehicle sales."
A critical shortage of industrial space is a real problem in Auckland and secondary industrial vacancy rates are now well below five per cent.
"So this site presents investors and owner occupiers with a strategic industrial asset of an enviable scale. For owner occupiers it would also serve as a hedge against future rental escalations. In the last 12 months, secondary industrial rentals have increased nearly seven per cent while the Consumer Price Index has moved just 0.4 per cent over the same period. This means that occupancy costs are rising 17 times the rate of inflation. With little development in the pipeline and the Auckland region facing a shortage of land, most commentators are picking industrial occupancy costs will outstrip inflation" -Laery says.
Businesses are looking to counteract the increased occupancy costs of industrial facilities by maximizing the cubic efficiency of a higher stud height and closeness to transport links, both of which are immediately noticeable at the Alloy Yachts' site.
"Coupled with a high-capacity power supply, heavy duty floor loading and large secure yard space, this property ticks a lot of the fundamental boxes of a solid industrial property. With prime industrial vacancy sitting at a record low of 0.6 per cent with many of the aspects of the main building being attributable to an A-Grade facility, we expect interest in this property to be strong."
The location will show a huge bonus for new occupiers wanting comfortable transportation around Auckland and beyond.
"Industrial properties located on motorway interchanges are finite. There are only a handful of sites in Auckland, which offer the same level of direct motorway access. From the Alloy Yachts' site, the north-western-motorway headed east towards the CBD or north to Westgate, Hobsonville and Albany can be accessed in less than a minute. Once the Waterview Connection is completed in early 2017, the property will have direct motorway access to the airport, Manukau CBD and the inland port at Wiri. The completion of the Auckland Ring Route will also enhance the location of this site within the greater Auckland transport network," Boyle states.
"The premises are arguably the largest of its type in west Auckland," states Bruce Whillans, of Whillans Realty Group. With Peta Laery and Tim Boyle of CBRE, they are marketing the property for sale with vacant possession by tender closing November 26.
The property covers more than 11,750 square metres of warehouse and mezzanine storage with 1250 sq m of office space and an extensive yard area.
The site has dual street frontages and various access points. The property has 107 on-site parking spaces and it is fully security fenced.
The smallest site that contains the original warehouse and Alloy Yachts' office is the 5722 sq m Selwood Rd site. A 1950s brick and tile house transformed into office space is also on the property.
At the Concourse address, the site backs onto Henderson Creek and this portion of the property was developed in stages between the late 1990s and 2011. The site consists of a large five bay warehouse with stud heights ranging between 10 and 14 metres, mezzanine workshop, a three level office building and an extensive yard area.
The Alloy Yachts' site is defined Heavy Industrial under the Proposed Auckland Unitary Plan (PAUP) allowing for all heavy industrial activities.
"Under this zoning the property could be used for a variety of purposes including retail and wholesale storage users, factory and assembly businesses and industries that involve intensive industrial usage," Boyle states.
"The property could also be suitable for a production company, indoor entertainment centre or another boat building business. Longer term the site could also be redeveloped or re-configured to suit a distribution centre. Under the PAUP there is also provision for drive-through facilities, garden centres, and motor vehicle sales."
A critical shortage of industrial space is a real problem in Auckland and secondary industrial vacancy rates are now well below five per cent.
"So this site presents investors and owner occupiers with a strategic industrial asset of an enviable scale. For owner occupiers it would also serve as a hedge against future rental escalations. In the last 12 months, secondary industrial rentals have increased nearly seven per cent while the Consumer Price Index has moved just 0.4 per cent over the same period. This means that occupancy costs are rising 17 times the rate of inflation. With little development in the pipeline and the Auckland region facing a shortage of land, most commentators are picking industrial occupancy costs will outstrip inflation" -Laery says.
Businesses are looking to counteract the increased occupancy costs of industrial facilities by maximizing the cubic efficiency of a higher stud height and closeness to transport links, both of which are immediately noticeable at the Alloy Yachts' site.
"Coupled with a high-capacity power supply, heavy duty floor loading and large secure yard space, this property ticks a lot of the fundamental boxes of a solid industrial property. With prime industrial vacancy sitting at a record low of 0.6 per cent with many of the aspects of the main building being attributable to an A-Grade facility, we expect interest in this property to be strong."
The location will show a huge bonus for new occupiers wanting comfortable transportation around Auckland and beyond.
"Industrial properties located on motorway interchanges are finite. There are only a handful of sites in Auckland, which offer the same level of direct motorway access. From the Alloy Yachts' site, the north-western-motorway headed east towards the CBD or north to Westgate, Hobsonville and Albany can be accessed in less than a minute. Once the Waterview Connection is completed in early 2017, the property will have direct motorway access to the airport, Manukau CBD and the inland port at Wiri. The completion of the Auckland Ring Route will also enhance the location of this site within the greater Auckland transport network," Boyle states.
Roman Shipyard Canados announced that the new Gladiator 493 Grand is getting ready for testing. She is expected to reach a top speed of more than 50 knots. The Gladiator 493 Grand’s design offers a modern classic appeal and comfortable interiors. She comes with a deep swimming platform which, as an option, can be converted into hydraulic swimming or boarding stairs. The aft deck sun pad is generous, and hides a garage and the helm station is protected by a laminated glass windshield. The fore deck offers the exact same setup as the 431 WA with its gigantic sun pad and chaise lounge.The interior comes with two cabins and two baths. Located in Ostia, just 7 km from Rome Airport, the iconic Rome based Canados shipyard was founded in 1946 and has successfully delivered over 850 yachts in sizes up to 43 meters. Canados produces 3 product lines, Canados, Gladiator and Oceanic. Canados 80,000 sq. m waterfront facility is located at the mouth of the River, 500 meter from the sea. Credits: Canados
November 30, 2022
Azimut has sold 22 units of its new Azimut Grande 26M series since August, when the first hull was launched at its Viareggio facilities. The yacht debuted at the 2022 Cannes Yachting Festival.Her exterior was made by Alberto Mancini, while the interiors were made by Achille Salvagni. Grande 26M's key feature is the ‘Deck2Deck’, a design element that sees the transom raise flush with the aft edge of the main deck. This creates an extendable deck that can be utilized as a lounge area or dining space, with convertible furniture on hand to help owners customize it to their needs.The first hull was launched at August The yacht has a fluid layout that prioritizes independence between crew and guest areas. Designed for a “contemporary owner”, the yacht is home to a main deck owner’s suite with full-height windows that let in plenty of light. She can accommodate 10 guests in five cabins. Grande 26M is one of Azimut’s new generation of low-emission yachts and is the “first in its category fitted with the new 4600 Pod propulsion system developed by ZF.”Azimut reports that the combination of high-efficiency propulsion systems and a lightweight carbon fiber superstructure translates into a 20 per cent reduction in fuel consumption compared with boats the same size.Azimut Yachts is an Azimut Benetti Group brand. With its Atlantis, Magellano Flybridge, S, Verve and Grande collections, Azimut offers the widest range of 10 to 40 meters.Credits: Azimut Yachts
November 30, 2022
Camper & Nicholsons offers to explore the wonders of the world’s southernmost continent on board of Tranquility. The 91.5 meter yacht will be available for charter from December 2023 until February 2024. Tranquility joins a growing number of superyachts journeying to the far reaches of the planet to satisfy an increasing appetite for adventurous cruising. “We are all seeing a desire from clients to venture to these distant “untouched” parts of the world. Charter has evolved,” explains Nicole Terry, charter manager. “Guests want to explore and have these once-in-a-lifetime experiences in parts of the world that only a superyacht can take you, and of course Tranquility is more than happy to oblige!”Launched in 2014 by Oceanco, Tranquility is well equipped for the harsh conditions of the Southern Ocean. It has a cruising range of 5,000 nautical miles, is certified to Lloyd’s Ice Class E, and has state-of-the-art navigational equipment with sonars for detecting uncharted rocks and ice growlers. From The Northwest Passage and Greenland to the snow-topped fjords of northern Norway, Tranquility has had ample experience in cold weather cruising and is helmed by Finnish Captains, for whom ice water cruising is almost second nature.Clients can expect to be awed by “the majestic untouched nature, the solitude, the silence, and the feeling of entering another world,” explains Tranquility’s Captain Jan Rautawaara, who is no stranger to these waters. “Being able to visit remote, desolate places, and to see some extraordinary wildlife is a true adventure,” he adds, hoping that bringing guests on an Antarctic expedition will “broaden our own understanding of nature and make us realize how important it is to preserve this fragile life around us.”Tranquility’s exterior and interior designed by Andrew Winch. She features two luxurious salons onboard, and a generous wellness area with fitness center, experiential showers, a massage and treatment room, hair and beauty salon, Hammam steam room, and a Finnish sauna. Tranquility can accommodate 18 guests across nine staterooms, and up to 22 with the use of two convertible cabins. <iframe width=560 height=315 src=https://www.youtube.com/embed/HmY1bk5oLZo title=YouTube video player frameborder=0 allow=accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture allowfullscreen></iframe>The yacht will be available for winter charter season in Antarctica’s frozen beauty USD1,600,000 per week. Credits: Camper & Nicholsons
November 30, 2022
The 31m Archipelago was sold by Northrop & Johnson’s broker Ed Dickinson representing the buyer. Archipelago was delivered as a highly customized Darwin 102 by Cantiere delle Marche in 2019. She is a full displacement motor yacht with a steel hull and aluminum superstructure. She was built to RINA classification and in compliance with commercial code LY3. The yacht can comfortably accommodate 10 guests across five cabins, including a full-beam master and two double and two twin staterooms. Her interior, designed by Francesco Guida, has a minimum floor-to-ceiling height of 2.1m, making her feel much more voluminous than other yachts of a similar size.Her exterior spaces were designed to be flexible; the main deck cockpit can be totally enclosed and air conditioned. A second, more formal dining area on the upper deck seats up to 10. Sunbathing spaces can be found on both the foredeck and sundeck alongside a custom built pool with a bar and an open galley with BBQ.Archipelago has a range of 4,500 nautical miles at 10 knots, cruising comfortably at 11 and with a maximum speed of 13. She is equipped with zero speed stabilizers to ensure comfort and stability, and with a hull thickness of 12mm to allow for global exploration.CDM's story begins in 2010. The facilities cover an overall surface of 16˙000 square meters, including 7˙000 sq. m of workshops and 1˙000 sq. m of docks. Since 2015, the shipyard has been the world’s leading builder of explorer yachts. Based in Ancona, Cantiere delle Marche builds yachts from 26m to 43m in length.Credits: CdM
November 29, 2022
Camper & Nicholsons is appointed joint Central Agent for the sale of AAA. This 49.9m motor yacht is the most recent Mangusta 165 to have been delivered by the Overmarine shipyard in 2021. She is offered for sale with low engine hours.The main deck has three distinct areas for relaxation and socializing. AAA’s saloon features two enormous sofas both port and starboard, a statement bar counter with stools, and an interior dining table. The aft deck is accessed through glass sliding doors and features a huge square table where meals can be enjoyed al fresco beneath the shade and of the sun deck’s overhang. Further aft, cushioned sun pads face a television screen that rises from a concealed unit to create an on-deck cinema. Other features of AAA include a massage room and two hot tubs – one on the sun deck, where there’s also a bar, sun beds, and a casual dining area, and one on the bow.The yacht is made for 12 guests throughout: the seating and dining area is arranged for 12. There’s accommodation aboard AAA for 12 guests in six ensuite cabins. All are located on the lower deck and the master suite boasts a Hammam spa. The guest cabins comprise a VIP double, three further doubles and one twin. AAA’s asking price is EUR 25,900,000.Overmarine Group was founded in 1985 by the Balducci family. The shipyard builds open and displacement power superyachts under the Mangusta and Mangusta Oceanco brand names. Credits: Overmarine Group
November 29, 2022