Two neighbouring industrial land titles in a huge growth area in the heart of Papakura present prospective purchasers with the opportunity to secure one of the few remaining large parcels of land in an area of South Auckland that is in high demand.
165-167 Dominion Road, Papakura comprises 26,311sq m of total land area that is spread across two freehold titles.
165 Dominion Road is zoned Business – Heavy Industry Zone under the Auckland Unitary Plan, while 167 Dominion Road is zoned Business – Light Industry Zone.
The properties are being sold as a combined offering with the majority being heavy industrial land and they are available for immediate possession.
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165 Dominion Road is a flat, square-shaped development site measuring 18,217sq m, while the 8094sq m site at 167 Dominion Road has two existing buildings on the regular-shaped site, measuring 620sq m and 428sq m, respectively.
Dominion Road has direct access from Settlement Road and Hunua Road, which are two main arterial routes within Papakura’s industrial precinct.
As well as being on a main arterial, the location is also within 3km of State Highway 1, providing access to Auckland’s CBD and the major industrial hubs to the north.
The site is well serviced by nearby amenities, with Papakura just 2.5km away.
Colliers brokers James Dickey, Josh Franklin, and Paul Jarvie have been exclusively appointed to market the sites for sale by deadline private treaty closing at 4pm on Wednesday 15 December, unless sold prior.
167 Dominion Road provides dual access and has 117m of road frontage. The sealed yard offers excellent accessibility and convenience for trucks and other incoming vehicles.
Access to 165 Dominion Road is gained via number 167.
Dickey says these user-friendly sites make for an exceptional development opportunity in one of South Auckland’s sought-after industrial hubs.
“The convenient layout of the sites with the buildings on the front allow for a purchaser to develop, lease or occupy different parts and they can make strategic capital improvements in stages,” Dickey says.
“Sites of this scale are in huge demand throughout Auckland but rarely seen. With a major shortage of developable industrial land, this combined offering will garner strong interest in the market.”
Located in Papakura, the property is near the rapidly developing Drury township.
The region will benefit from the development of Drury South that will be a world-class, mixed-use enterprise district that will comprise 145ha of industrial and commercial land, 85ha of parkland, and 45ha dedicated to a new residential community, while creating some 8000 jobs.
Franklin says Papakura has the potential to benefit from current and future growth initiatives in the surrounding area.
“Papakura is located within the ‘Golden Triangle’ of New Zealand’s major growth cities of Auckland, Hamilton and Tauranga, whose regions make up around 50 per cent of New Zealand’s population and accounts for around 50 per cent of New Zealand’s GDP,” Franklin says.
“The significant infrastructure investment in the area and the growing population, along with developments in Drury such as the new train station, further illustrate the ongoing growth. We have been overwhelmed with the demand for industrial sites in Drury, which will see significant development in the foreseeable future and Dominion Road’s location will undoubtedly benefit from that.”
Jarvie says having neighbouring properties with two types of industrial zoning will provide the new owner with a range of options.
“The sites provide the ultimate in flexibility covering both light and heavy industrial zoning. 165 Dominion Road with heavy industrial zoning has its own egress and allows for more objectionable odour, dust, and noise emissions.
"Air quality emissions standards that are different to the rest of Auckland will often apply. A key attribute of the zone is that it contains sites large enough to accommodate large-scale industrial activities,” Jarvie says.
“The light industrial zoning of 167 Dominion Road coupled with multiple points of access and 1048sq m of buildings provides the property with its own unique features. Light industrial zoning can include activities such as manufacturing, production, logistics, storage, transport, and distribution activities.”
- Article supplied by Colliers
