A large parcel of light industry zoned land in the fast-growing Highgate Business Park in Silverdale provides developers or owner-occupiers with a high-profile site to pursue for their next major project
30 Highgate Parkway in Silverdale on Auckland’s Hibiscus Coast is a 19,450sq m freehold site that offers excellent road exposure and is only 1.2km from the on-ramp for the Northern Motorway.
The easy contour and prominent position of the land will be attractive to many future users in a market starved of developable land.
The area is a hotbed for growth with a major distribution centre next door, while Mitre 10 own a 2.3ha site in the precinct.
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The property will be sold with vacant possession. However, as part of the Public Works Act process, a significant holding income is available to the purchaser from settlement date and during construction of the adjoining motorway overbridge.
Jimmy O’Brien, Director at Colliers Auckland North, has been jointly appointed with Matt Mimmack, Director at Bayleys North Shore, to market the property for sale by deadline private treaty closing at 4pm on Thursday 28 October, unless sold prior.
O’Brien says the site is well-positioned and it’s approximately a 25-minute drive to Auckland’s CBD under normal traffic conditions.
“Highgate is regarded as the upcoming industrial estate on the Hibiscus Coast. Limited competition is provided by the much smaller industrial areas on the Whangaparaoa Peninsula. Highgate Business Park is in the early stages of its development with great building activity across the park,” O’Brien says.
“Highgate Business Park is located north of the original town of Silverdale and applies to approximately 58ha of land bounded by the Northern Motorway to the west, and Wainui Road and residential development to the east. Beyond Wainui Road to the east is the residential area of Millwater.
“The purpose of the precinct is to ensure that the development of the area is carried out in an integrated way and to enable development of a business park style environment with greater amenity values than would be associated with an industrial zone.”
Mimmack says a property of this size will give the new owner a range of options considering the flexible zoning.
“The property is zoned Business – Light Industry Zone, which anticipates industrial activities that do not generate objectionable odour, dust or noise,” Mimmack says.
“This includes manufacturing, production, logistics, storage, transport and distribution activities.”
Mimmack says high-quality industrial land remains in short supply throughout the Auckland region.
“There is a huge demand for significant landholdings such as this one, which offers excellent road access and plenty of potential for the new buyer to make their mark.
“With great future connectivity and road front profile to the motorway, Highgate Parkway is located in one of Auckland’s high growth areas, while being surrounded by new build activity, which makes this an opportunity not to be missed.”
O’Brien notes the popularity and ease of access to the location, the rare availability of such a large development land offering as well as the high-quality neighbouring properties tick all the boxes for prospective purchasers when tallying up their options.
“We expect vast interest in a development site of this nature and encourage all interested parties to do their due diligence and contact us immediately.”
- Article supplied by Colliers
