Savills News

New warehouse suits owner-occupiers in booming Papakura

A brand-new warehouse under construction in Papakura’s booming industrial precinct offers owner-occupiers and investors a chance to acquire high-spec premises with excellent access to markets.

A brand-new warehouse under construction in Papakura’s booming industrial precinct offers owner-occupiers and investors a chance to acquire high-spec premises with excellent access to markets.

Due for completion in May, the versatile industrial property is part of a new five-building development at 83 Boundary Road, Papakura, Auckland.

Three of the five buildings have been completed, with two being purchased by owner occupiers and the third by a local investor.

Josh Franklin of Colliers International and Damon Wyllie of Savills are jointly marketing Building Three for sale by deadline for offers closing at 4pm on Wednesday 1 May.

The road front property comprises a high-spec 1,142sq m warehouse and office building on a 2,261sq m freehold title.

A 1,180sq m exclusive yard will be fully fenced and secured, making it suitable for car parking, container operations and manoeuvring.

Franklin says Papakura is well positioned to capitalise on South Auckland’s growth, as nearby Drury and the surrounding areas are set to undergo a huge transformation over the coming years.

“The property for sale, located in the heart of Papakura’s growing industrial precinct, is ideal for owner-occupiers or long-term investors looking to secure industrial space at a time of very low vacancy and high demand.

“It offers the ultimate multi-functional layout, making it suitable for a wide range of business uses.

“Built to a high standard, the generic warehouse provides 990sq m of clear span space with a generous 8m stud at the knee. Two roller doors provide access to the exclusive yard area.

“A single-level office level provides 152sq m of space which will have a high-quality new fit-out, including suspended ceilings and carpet.”

Franklin says the building is on freehold title with a fifth share of a common driveway, which offers the benefit of no body corporate fees.

“The common driveway is accessed by each building in the development from its own secure and fenced yard area, providing dual access onto Boundary Road.”

A three-phase high power supply of 250 amps will be provided to the building, while high floor and structural loading will allow gantries to be installed by the new owner or tenant if required.

The property also benefits from generous Heavy Industry zoning – the most permissive of Auckland’s industrial zones, allowing for a wide range of heavier industrial operations.”

Wyllie says the property is close to main arterial routes, with State Highway 1 around 3km away, providing access to the CBD and the major industrial precincts to the north.

The site is also well serviced by nearby amenities, with the Papakura township just 2.5km away.

“Papakura is an easily accessible location within the ‘Golden Triangle’ of New Zealand’s major growth cities of Auckland, Hamilton and Tauranga. The regions combined make up 50 percent of New Zealand’s population and return 50 percent of the country’s GDP.”

Wyllie says Papakura’s industrial areas are booming and this has been accelerated by the excessive shortage of industrial land and buildings across South Auckland.

“Business owners are seeing the huge benefit of positioning their businesses in the South, especially when they also service customers in the Waikato and Bay of Plenty regions,” says Wyllie.

“Papakura’s established industrial areas provide 135ha of predominantly Heavy Industrial zoned land and buildings. Major occupiers include Griffins Foods, Independent Liquor and Fletcher Concrete.”

Wyllie says the development of Drury South Crossing – a 361ha master-planned, mixed-use precinct next to SH1 – will further increase the popularity and huge potential of Auckland’s South.

“Large new residential developments at Paerata Rise and Auranga will ensure a large staff catchment is right on the door step. The wider area will have a forecast population of a further 30,000 residents in the next 30 years.”

Drury South will comprise 145ha of industrial and commercial land, 85ha of parkland and 45ha dedicated to a new residential community.

Another 51ha of residential and commercial development will be added to Drury Township.

To the west, Auranga will be home to 2,650 homes and a new vibrant town centre, while Paerata Rise will have 4,500 new homes.

The proposed new Mill Road transport link and the Drury Train Station will amplify connectivity to the area.

The Boundary Road property for sale is due for completion in April, while the final building in the development will be completed towards the end of the year.

Building Four will occupy a rear position with excellent warehouse access via five rollers doors. It will comprise 1,564sq m of warehouse supported by a minimal office area of 136sq m.

Learn more about Savills Industrial & Business Services.

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