In our current market an analyst is likely to tell you something along the lines of… "Auckland industrial vacancy rates are at a historically low level 2.7%". The impact for you as a business owner/operator looking for space in this market is that it is tough.

There are limited options, rents have increased and landlords are inflexible. They won’t budge on the lease term they’re asking for; they won’t budge on their asking rent and incentives will be minimal if any at all.

This recent article in the NZ Herald on 40-52 Hunua Rd offers a great solution in this market. The landlord is flexible on lease term and flexible on the size as they can split the property to suit your needs. The asking rent is probably the most affordable asking rent in the current market.