Media Release
August 15, 2018
Industrial premises offer affordable Golden Triangle access
Over 3000 sq m of industrial buildings including a large cool store, which were originally part of a dairy factory, are
for sale in the Waikato town of Taupiri.
Located on approximately1.8ha of land at 75 Henry Rd close to the Waikato Expressway Interchange, the property started
out as a cheese making plant before being repurposed into a candy making factory and expanded in the late 1980s.
Known as Candyland, it become a popular tourist attraction holding tours and demonstrations where visitors could learn
to make candy, as well as selling an extensive range of sweets, before its closure recently.
Mike Swanson who is marketing the vacant property with Bayleys Waikato colleague Alex ten Hove says the vendor is the
former owner of the Candyland business and is now retired in his 80s and is very motivated to sell.
The property will go up for auction at 11am on Thursday August 30, in Bayleys’ Hamilton offices, unless sold prior to
that date.
Swanson says the offering comprises an extensive range of buildings totalling just over 3700 sq m with a key drawcard
being approximately 1200 sq m of pallet racked cool stores and a large rapid cooler.
“The premises would suit a variety of uses including storage, logistics and trucking as well as food or pet food
production, either utilising or leasing the cool storage separately. Based on comparative market rental figures, the
potential income from leasing the cool storage alone could be in excess of $100,000 annually.
“Another key feature of the property is its location only 20 kms from Hamilton on the new expressway and within the
all-important Golden Triangle between Auckland, Hamilton and Tauranga. Smaller towns within the triangle are showing
good growth because of their improved connectivity with these major cities and are benefiting from big businesses taking
advantage of the much lower occupancy cost of business premises in these towns.”
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Alex ten Hove says the production area in the main building had a food related licence to produce a variety of
consumable products which could be reactivated. “The property comes with a treasure trove of machinery and workshop
storage areas and has a large inventory of stock, plant and equipment including forklifts and engineering equipment.
“A large stock of confectionary production equipment is also part of the sale and includes mixers, chocolate plant with
cooling tunnels and coating machines. Everything is being sold on as an ‘as is basis’.”
He says the substantial site provides extensive parking and hard stand areas with good truck access, as well as former
staff and manager’s accommodation on the right hand side of the property. “While not currently used, if tidied up this
area could have many applications.”
Located alongside the Waikato River, Taupiri is situated in the middle of one of New Zealand’s largest dairy, beef and
sheep farming and provides essential rural supplies and services. It has a population of around 400 people and the North
Island main trunk rail line railway runs through the town, being used predominately for transportation of goods from
Auckland to Wellington and towns in between.
Almost 50 per cent of New Zealand’s GDP is generated within the “Golden Triangle” which includes the country’s two
largest ports at Tauranga and Auckland. They will link with the multi-billion dollar, 480 hectare inland port being
developed at Ruakura, on the outskirts of Hamilton and close to Taupiri. It is expected to generate around 11,000 new
jobs for the region and contribute $5 billion to the economy every year.
“Taupiri will also continue to benefit from the ongoing development of the Waikato Expressway which is on its doorstep.
When complete, it will provide over 100 km of continuous highway, with a minimum of four lanes, running from the Bombay
Hills in the north to just south of Cambridge,” says Swanson.