A large-scale greenfield site in the rapidly developing town of Pukekohe presents developers with the opportunity to acquire a prominent site for their next major project.
152 Golding Road in Pukekohe is a 4.5416ha site that is zoned Future Urban Zone under the Auckland Unitary Plan. The site has been included in proposed Plan Change 74 (Private) that would see the property rezoned as Residential – Mixed Housing Urban.
The land is of flat contour with extensive road frontage and proximity to the Pukekohe train station, providing an ideal foundation for development.
Situated in a high-growth location, the subject site offers convenient access to State Highway 1 through interchanges at Drury and Bombay, which are approximately 15 minutes away.
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Pukekohe has been identified by Auckland Council as a priority satellite town, which is anticipated to grow to a population of 50,000 people by 2040.
The area is a key contributor to New Zealand’s horticultural industry, producing over $1 billion worth of vegetables annually and is the backbone of Pukekohe’s strong local economy.
Pukekohe is approximately 50km from the Auckland CBD and 42km from the Auckland Airport.
Colliers Brokers Logan Roach and Tony Marsh have been exclusively appointed to market the site for sale via deadline private treaty closing at 4pm on Wednesday 14 June, unless sold prior.
Roach, Investment Sales Broker at Colliers, says the rezoning of this site will leave it perfectly positioned for future development.
“Sizeable greenfield sites with this much development potential are seldom seen on the open market and this property will hold significant appeal for the astute developer with an eye to the future,” Roach says.
“With key amenities nearby, including the hospital, medical centre, train station, supermarkets, hardware store, and gyms, future occupants will be well served.”
Commercial and residential development in Pukekohe adds to the ongoing investment from Auckland Council.
Eke Panuku – the council’s property development arm – has developed the Pukekohe Masterplan that features a tight-knit cluster of projects to drive targeted change in Pukekohe.
Together they will allow for new activities and events at the heart of Pukekohe, safer and better-connected streets, upgraded shop frontages, improved parking facilities, and the upgrading of character buildings.
The projects include an upgrade of the central town square and new home for the Pukekohe Farmers Market, Devon Lane and Roulston Street upgrades, development of Edinburgh Street, and the Pukekohe skate park project that will upgrade the local playground and provide a community gathering space with BBQ and other facilities.
Considerable infrastructure improvements through the electrification of the train line out to Pukekohe and new stations in the wider Franklin region will enhance the public transport experience for visitors and locals.
Marsh, Investment Sales Broker at Colliers, says strong population growth underpins the development of Pukekohe.
“Data from Infometrics notes the population of the Franklin region has grown at a larger rate than the national population every year for the past 20 years,” Marsh says.
“The past two years have also seen considerable expansion of businesses in the area with the number of business units growing 5.8 per cent in 2022, compared to the nationwide figure of 4.8 per cent.
“As well as the ongoing development of Pukekohe, there is also considerable residential growth in nearby Paerata as many people have embraced what the Franklin region has to offer.”
Marsh says this site shapes as a key opportunity to acquire a stake in one of the country’s fastest-growing areas.
“With extensive public and private investment in Pukekohe and the Franklin region, the future looks incredibly bright, and we encourage all interested parties to contact us immediately to discuss their options.”
- Article supplied by Colliers
