Industrial land that is available for immediate development is increasingly hard to find in Auckland, which makes a bare site in the sought-after Auckland Airport industrial precinct highly appealing for owner-occupiers and developers.
26 Ascot Road, Māngere is a flat 5,045sq m freehold site that is of regular shape and zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The versatile site is located at the end of a cul-de-sac providing excellent access that will be immensely valuable for future occupants.
The Auckland Airport industrial hub is approximately 20km south of the CBD and 4km north of the international airport terminal, while motorway interchanges are easily accessible providing connectivity to other nearby industrial locations such as Penrose, Onehunga, and Mount Wellington.
Start your property search
Colliers Brokers Mitch Broderson, Paul Jarvie, Tom Peterson, and Brad Johnston have been exclusively appointed to market the site for sale via deadline private treaty closing at 4pm on Wednesday 19 July, unless sold prior.
Broderson, Director of Industrial at Colliers, says the opportunity to secure a site with this scope for development will generate strong demand given the lack of available industrial land across Auckland.
“It is incredibly challenging to secure freehold industrial development land in Auckland and research from Colliers notes that industrial vacancy rates for prime property in the Airport and M?ngere Corridor is only 0.7 per cent,” Broderson says.
“Land in this area that is ripe for development is tightly held and rarely presented to the open market making this an outstanding purchasing opportunity.”
Jarvie, Director of Industrial at Colliers, says the zoning will hold appeal for prospective purchasers who will have a blank canvas to work with.
“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,” Jarvie says.
“The property gives owner-occupiers the chance to secure a site to develop their own premises, while a developer may choose to build something and lease it out and we foresee considerable demand for a new building in this top-tier industrial location."
- Article supplied by Colliers
