Apollo Projects Limited
News
Hub of Central Otago
16th June 2010
Arrowstone is a property investment group of companies specialising in industrial and commercial properties and has targeted Cromwell as a key area for its New Zealand portfolio because of its strategic location as Central Otago’s business hub.
New Zealand Director Ben Robbie says Cromwell’s industrial area is ideally located as a base for companies servicing Queenstown, Wanaka and Alexandra because of the relatively short distances to each centre.
“Economic and population growth in the region has put significant pressure on available land suitable for industrial, and particularly warehouse development, in Queenstown and Wanaka. The cost of living, especially housing costs has impacted on working families in the main tourist centres in the region, hence the emergence of Cromwell as a cost effective place for companies and businesses to secure premises and service the region.”
Arrowstone’s recently completed McNulty Central showroom complex is in a prominent site on Cromwell’s McNulty Road and has a strong visual impact.
Designed and built by the prominent construction company, Apollo Projects of Christchurch, it incorporates Kingspan insulation products, widely recognised as leading sustainable materials used to achieve energy savings and provide efficient temperature controls.
“The complex is the strongest retail warehouse location in Cromwell,” says Ben. “The units range in size from 165sqm to 220sqm and the spacious showroom areas have great exposure to McNulty Road and the open mezzanine areas have the flexibility to suit any venture.”
“The design is a major step up from the average industrial building, and our plans for developing the area known as the Corner Precinct in Pinot Noir Drive, are just as appealing for prospective tenants who want an attractive but cost effective and workable solution to operating premises in the centre of Central Otago.”
Photo by Suellen Boag
http://www.arrowstone.co.nz/files/pdf/QT-Magazine-Autumn-2010.pdf
