Orient Innovation Park opens its doors in Te Rapa, offering Hamilton business owners a new way into commercial ownership
Orient Innovation Park, a new 16 hectare industrial and commercial precinct taking shape in Te Rapa, is opening its doors to Hamilton business owners this weekend, giving tradies, importers and owner-operators an early look at one of the city's most ambitious developments and a rare entry point into commercial property ownership.
The launch event will be held on Sunday 20 September at 2pm at 12 Te Wetini Drive, with parking available on site. Presented by REMAX Revolution and Don Ha Projects International, the event is free to attend, though spaces are limited and RSVP is essential.
The precinct spans six architecturally designed buildings and offers a mix of live work residences, warehouse units and a flagship showroom and office space. Every unit is built to work from day one, with six to eight metre stud heights, three phase power, six metre roller doors, ground floor toilet and kitchen amenities, and mezzanine storage for maximum flexibility. Current stock includes units from 210sqm, with pricing starting from $855,000 excl GST.
For owner-occupiers and investors, the drawcard is a two year, 6 percent plus GST return guaranteed by the developer from settlement. Income starts the moment buyers settle, removing the usual wait and vacancy risk that comes with a new commercial purchase.
Orient Innovation Park sits on the Waikato Expressway network, minutes from The Base, and alongside established operators including Mainfreight Warehousing, DHL, The Tool Shed, 4Guys Autobarn and Z Service Station, placing it at the centre of one of the busiest commercial corridors in the region. It also falls within the Golden Triangle of Auckland, Hamilton and Tauranga, an area home to more than half of New Zealand's population and two thirds of its recent growth.
That growth is expected to continue at pace. Hamilton is currently home to around 180,000 people and 60,000 homes, and is on track to nearly double to around 310,000 people and 120,000 homes within 50 years, making it New Zealand's fastest growing and fourth most populous city. With Council investment in transport networks continuing alongside neighbouring Rotokauri, Orient Innovation Park has been designed to grow in step with the wider precinct.
Don Ha, Director of Don Ha Projects International, says the launch event is about giving Hamilton's trades and industry a genuine look at what ownership could mean for their business.
"There's a real gap between wanting to own your own premises and actually knowing how to get there. This event is about closing that gap, walking people through the floor plans, the numbers and the structure, so they can see exactly what's possible for their business, whether that's using equity in an existing property or starting fresh."
Spaces at Sunday's launch are limited, with RSVP essential via the event link. For more information, phone 0800 888 000 or text ORIENT to 875.
REMAX Revolution - Top One Real Estate Limited, Licensed REAA 2008 Each office independently owned and operated
For more information
Contact Media PA
Phillip Quay, Founder, Media PA
027 458 7724
phillip@mediapa.co.nz
Contact REMAX Revolution
Steve Starke
0275 413 061
steve.starke@remax.co.nz www.orientinnovationpark.co.nz