As the ambitious new satellite city of Drury south of Auckland starts to take shape, leading industrial occupiers are strategically plucking off sites to future-proof and leverage business operations to optimise the benefits of the pivotal golden triangle location.
With the masterplanned Drury blueprint coming to life and infrastructural components to further improve accessibility and amenity progressing, agents say a brand new A-grade industrial warehousing property available for sale or lease will have relevance to forward-thinking investors, owner-occupiers and tenants looking to cement a presence in Drury.
Undertaken by proactive developers Southside Group, the property at 21 Bill Stevenson Drive in the Drury South Crossing precinct just minutes’ from the SH1 interchange, is ready for occupation now.
The high-stud facility offers around 5,632sqm of lettable area including canopy and occupies a prominent 7,080sqm Business – Light Industry-zoned corner site at the intersection with Toiawaka Road.
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It offers around 4,000sqm of clear-span warehousing (10m at the knee, rising to 12m at the apex) built with logistics or manufacturing tenants in mind, with 175mm thick mesh reinforced concrete throughout the warehouse with a uniform super-imposed live load of 40 KPA.
Three roller doors provide unrestricted access from a large north-facing all-weather canopy, while 280sqm of single-level and well-proportioned auxiliary offices are provided on the corner providing high visibility from the intersection.
The fully secure yard area is well-configured for container and truck movements, and 24 on-site car parks are provided off Toiawaka Road, a separate access point from the yard which allows safety for clients and staff.
James Hill, Greg Hall, Sunil Bhana and Scott Campbell, Bayleys South Auckland are marketing the opportunity and encourage enquiry from prospective tenants, investors and owner-occupiers.
Hill says high functionality has been paramount when designing this building, and full building specification sheets, building plans, and racking plans are available on request.
“The vendor is motivated to see a deal done and with the broader Drury area kicking off thanks to NZX-listed Kiwi Property Group, infrastructure group Fulton Hogan and Oyster Capital – this property will give a visionary buyer or occupier a head start in this identified growth node.”
Hall says the southwards drift is gaining momentum as industrial businesses look to build efficiencies in to their operational models.
“This Bill Stevenson Drive offering represents a strategic opportunity to get cost-effective warehousing for lease or to purchase in an area that is about to really take-off in coming years,” he says.
“Supply chain strategies are being fine-tuned and south Auckland plays a significant role in the movement of goods around the golden triangle zone, with Hamilton and Tauranga easily accessible from Drury.”
Bayleys national director industrial Scott Campbell says with the industrial sector still outperforming other commercial investment asset classes, and a dire shortage of favourably-zoned land in the Auckland region, Drury is a natural location for businesses seeking operational efficiencies and reach.
“Well-known operators like Cardinal Logistics, Sorted Logistics, Bunnings, Plumbing World and Mitre 10 were early adopters of sites here, recognising the advantages it offers in the wider Auckland and economic golden triangle context,” he says.
Drury South Crossing is around 40km south of Auckland’s CBD, and projections are that the population of Drury will increase from 193,000 people to 353,000 in the next 20 years.
- Article supplied by Bayleys
