A large-scale site in Pukekohe presents prospective purchasers with the chance to acquire an incredibly rare blank canvas landholding in one of Auckland’s key growth hubs.
222/250 Manukau Road, Pukekohe Park is an approximately 4.1774ha site that is attached to the Pukekohe Park Raceway, offering significant exposure to Manukau Road, which serves as one of the key arterial routes in the area.
The subject property is zoned Business – General Business Zone under the Auckland Unitary Plan, which provides for business activities from light industrial to limited office, large format retail, and trade suppliers, meaning the site will be highly desirable for a wide array of buyers.
Pukekohe is only 15 minutes away from two motorway interchanges and is strategically located within the North Island’s ‘Golden Triangle’ of Auckland, Hamilton, and Tauranga, which is home to approximately 50 per cent of the country’s population.
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Colliers brokers Matthew Barnes and Tony Marsh have been exclusively appointed to market the property for sale by deadline private treaty closing at 4pm on Wednesday 10 August, unless sold prior.
Barnes, Director of Investment Sales at Colliers, says a site of this scale is loaded with development potential that will help shape the look of the area.
“The sheer size of this landholding, plus its tightly held location, and connection to the highly visible Pukekohe Park Raceway, is what makes this a truly unique opportunity,” Barnes says.
“There’s next to no large-scale commercial sites available for purchase in Pukekohe meaning there will be extensive demand for this property.
“The contour and shape of the site, which offers exposure to two major roads, makes it highly versatile and it will offer prospective purchasers tremendous flexibility with any development plans.”
Pukekohe is an area that is being targeted for considerable future growth by Auckland Council and their long-term development strategy estimates there will be more than 14,000 additional dwellings built across Pukekohe and Paerata during the next 30 years.
Data from Infometrics shows there has been consistent population growth in the Franklin area for more than two decades and the population grew by 1.7 per cent in 2021, making it one of the fastest growing wards in the Auckland region.
Marsh says that consistent growth has made Pukekohe an attractive prospect for major national brands who have chosen to set up shop in the area.
“Recently we have seen the likes of Bunnings Trade and Spotlight begin to do business in Pukekohe, while Kia is moving to a new purpose-built site near the racecourse. The future is bright for the town as an expanding residential catchment will continue to fuel demand for a greater variety of services,” Marsh says.
“Established and well-known operators such as Mitre 10, Harvey Norman, Briscoes, and Noel Leeming are part of the current retail offering for residents.
“Commercial and residential development is tipped to continue for the foreseeable future and the major subdivision of Paerata Rise nearby exemplifies the growth of Pukekohe.”
Longer-term, Pukekohe will also be well-served by a train line that will be fully electric within the next few years and will provide connectivity to the wider Auckland region.
There are also further upgrades planned for the surrounding motorway network and local roads that will be beneficial for residents.
“Given the rarity of the subject site owing to its size, scale, and favourable location, we expect there will be significant demand for this property and encourage all interested parties to make contact with us immediately,” Marsh says.
- Article supplied by Colliers
