One of New Zealand’s biggest truck-stop hubs has been placed on the market for sale.
The Stag Park Truck Stop sits just a few hundred metres from the junction of the State Highway One bypass and the Napier-Taupo Highway on the outskirts of Taupo, in an area zoned for industrial land use.
It features multiple large workshops and storage warehouses, a tyre servicing plant, driver accommodation, a café, and vehicle washing yard.
The 4.35-hectre site is predominantly operated by Truck Stops New Zealand, and contains around 4,500-square metres of buildings which include high-stud drive through warehouses, truck servicing workshops, a driver’s diner and adjoining driver accommodation units, and a residential dwelling.
The truck stop hub is used 24/7 by some of the biggest truck and trailer haulage units running on New Zealand’s roads.
The site is occupied by 12 individual tenancies including Courier Post and Fastways; foodservice supplier Goodman Fielder, Neils Tyres, and Sonic Wash.
Several of the tenants occupy more than one portion of the truck park. Combined, the tenancies generate annual rental income of $347,222 plus GST.
The freehold land and buildings at 140 Napier Rd are now being jointly marketed for sale by tender through Bayleys Tauranga and Bayleys Taupo, with tenders closing at 4pm on May 16.
Bayleys salespeople Jim McKinlay and Gary Harwood say the sheer size of the Napier Rd hub meant there were multiple development opportunities available to any new owner of the site.
“As a major stop-over point in the heart of the North Island, Stag Park Truck Stop is a convenient low-cost operation base for multiple national carriers,” McKinlay says.
“While already operating successfully for several decades, the site contains considerable swathes of currently-unused flat land – which have the potential to sustain more building infrastructure, more vehicle parking amenities, and a greater number of support service businesses.
“That potential of course includes the opportunity to add to the amenities utilised by existing tenants to support their growth. The site’s strategic location so close to the intersection of two major motorways underpins its long-term viability as a truck-stop services hub.”
Harwood says the site could be bought from an owner/operator perspective by either a trucking firm looking for new Central North Island premises or by a trucking-services business looking for a high volume of customers regularly coming into its premises.
“Having the food and beverage and accommodation facilities on site means truckers can maximise the efficiency of their stop in Taupo. While they take a break for a meal or sleep, the associated service facilities within Stag Park Truck Stop mean maintenance or repairs to their vehicles can be undertaken without the need to technically withdraw their unit from productive time on the road.
“Adding new vehicle servicing business tenants to those already operating on site would in turn cement Stag Park Truck Stop’s long-standing reputation in the road logistics market – thereby further underpinning it’s long term viability,” McKinlay says.
