A prominently positioned, freehold site in the new Drury South development presents buyers of all kinds with a blank canvas for their next major project in a key location that is forecast for significant growth.
Lot 18, Drury South in Drury measures 2.0180ha more or less and offers vast road frontage and favourable proximity to State Highway 1 and the neighbouring South Auckland industrial precincts.
The large site is zoned Business – Light Industry Zone under the Auckland Unitary Plan and development in the area is continuing at a rapid pace and is supported by several modern residential subdivisions as the suburb continues to take shape.
At the southern entrance to Auckland, Drury South Crossing is an outstanding location for the key North Island markets of Auckland, Hamilton, and Tauranga, which make up the Golden Triangle.
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Running along the eastern boundary of State Highway 1, two highway interchanges provide immediate access to Drury South Crossing – Drury and Ramarama – ensuring this site is just 30 minutes from Auckland city, 30 minutes from Auckland Airport, about an hour from Hamilton, and just over two hours from Tauranga.
Colliers Directors Paul Jarvie and Brad Johnston have been exclusively appointed to market the site for sale and the deadline for offers closes at 4pm on Wednesday 20 April, unless sold prior.
Jarvie, Director of Industrial at Colliers, says Drury is well-placed to expand due to the significant volume of investment in the area.
“Drury is set to benefit from $2 billion of infrastructure investment over the next ten years. With new railway stations, bus routes, roads, and water infrastructure and the potential for a regional centre to be created around Drury South Crossing. The area is already becoming the focal point of considerable industrial and commercial occupier interest,” Jarvie says.
“Any business at Drury South Crossing will sit at the top of the ‘Golden Triangle’ of New Zealand, between the coastal ports of Auckland and Tauranga and the inland ports being developed in Hamilton and Auckland.
“It’s the perfect staging point for a commercial or industrial development that will sit on the doorstep of approximately half of the North Island’s population, while enjoying easy motorway access.”
The Business – Light Industry Zone anticipates industrial activities that do not generate objectionable odour, dust, or noise. This includes light manufacturing, production, logistics, storage, transport, and distribution activities.
Johnston, Director of Industrial at Colliers, says the subject site has all of the relevant services installed to the boundary, including water, telecommunications, and power.
“The title is expected to be issued in June or July of this year and all of the finishing touches are being placed on this site, which is going to be highly appealing for a wide range of buyers,” Johnston says.
“It is incredibly exciting to have the opportunity to acquire a prime site with such notable scale and flexible zoning, which allows for a vast array of ventures, meaning owner-occupiers or developers will have plenty of options at their disposal. Alternatively, the new owner may wish to landbank the site.”
- Article supplied by Colliers
