Commercial

Big future in thinking small

Shortages of commercial property and a flattening of the residential market on the North Shore have led to a business park of small office and warehouse units being developed in Albany's Interplex subdivision.

Monday, September 13th 2004

North Shore Projects, owned by South African immigrants Henk Kamffer and Werner Eichholz, has bought two medium-sized sites on Canaveral Drive at the 30ha Interplex subdivision.

The Rosedale Heights subdivision, developed by the Kitchener Group, comprises the last large tract of commercial and industrial zoned land on the North Shore.

Three of the four Interplex stages have been sold and are either under development or plans are on the drawing board.

North Shore Projects has opted for a commercial and industrial park of units under 500sq m to give small business owners, tenants and investors another option in an area awash with speculative office developments and purpose-built buildings of 1000sq m and larger.

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Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.39
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Kiwibank Special 4.49
TSB Special 4.49
ANZ Special 4.49
Westpac Special 4.49
Wairarapa Building Society 4.59
ICBC 4.59
BNZ - Std 4.65
AIA - Go Home Loans 4.65
Unity Special 4.65
ASB Bank 4.65
SBS Bank Special 4.65
Nelson Building Society 4.69
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
TSB Special 5.39
BNZ - Std 5.39
ANZ 5.39
AIA - Go Home Loans 5.39
ASB Bank 5.39
Co-operative Bank - Owner Occ 5.49
Kainga Ora 5.49
SBS Bank 5.59
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
ICBC 5.39
Heartland Bank - Online 5.45
Co-operative Bank - Owner Occ 5.70
Co-operative Bank - Standard 5.70
ANZ 5.89
TSB Special 5.94
ASB Bank 5.99
Pepper Money Prime 5.99

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