An incredibly rare, large-scale development site near Auckland Airport offers prospective purchasers the opportunity to secure a premier landholding in one of the city’s most sought-after industrial areas.
36 Richard Pearse Drive, Mangere is an 18,752sq m flat and regular freehold site that is zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The property has dual road frontage, with exposure to Richard Pearse Drive and George Bolt Memorial Drive totalling 175m, making it a highly visible location.
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Auckland Airport’s international terminal is located within 3km of the site, while Auckland’s motorway network is easily reached via the nearby State Highway 20A providing a direct route to the CBD.
Colliers directors Brad Johnston, Greg Goldfinch, and Paul Jarvie have been exclusively appointed to market the property for sale and the deadline for offers closes at 4pm on Tuesday 14 December, unless sold prior.
Johnston says this property is one of a kind and provides buyers with a blank canvas that could be developed for a range of uses.
“This fully fenced and secure site will hold significant appeal for occupiers, investors or developers given the high level of flexibility on offer,” Johnston says.
“The property has been recently cleared following a fire at the old premises. Given its previous use, the property is already well serviced.
“It is not an exaggeration to say this prominent site is truly one of a kind as it is the last remaining high-profile development site with exposure to George Bolt Memorial Drive, a thoroughfare that experiences huge daily traffic volumes.
“The site, which is located in an established industrial area, offers excellent vehicle access from Richard Pearse Drive, adding another layer of convenience for its future usage.”
The property has a direct connection to the award-winning commercial hub, The Landing, which has added to the thriving Auckland Airport precinct that has experienced tremendous growth in recent years.
Goldfinch says developable industrial land remains highly sought-after throughout Auckland where supply is unable to meet the demands of the market.
“Sites of this scale and profile rarely come to the open market, particularly in such a popular industrial location that is surrounded by a number of national and international brands,” Goldfinch says.
“Properties in the immediate vicinity comprise medium to large format industrial buildings. Nearby neighbours include Mondiale, Synlait, Hellmann Worldwide Logistics, Bollore, DHL, and many other blue-chip logistics and transport operators.
“Property near Auckland Airport is tightly held, and the area has huge future growth potential as it continues to expand through public and private investment, while nearby roading upgrades will only add to the area’s connectivity.”
Jarvie says the flexible zoning of the property will give the new owner the ability to strategically develop the site to maximise its potential.
“The Business – Light Industry Zone allows for industrial activities that do not generate objectionable odour, dust, or noise. This includes manufacturing, production, logistics, storage, transport and distribution activities,” Jarvie says.
- Article supplied by Colliers
