Four industrial land parcels in the Drury South Crossing development are being presented to the market for sale, offering buyers the opportunity to secure space in one of Auckland’s fastest-growing locations.
One freehold 24,788sq m site at 72 Maketu Road is being carved into four separate sites measuring between 5,384sq m and 8,057sq m.
The sites are strategically positioned within the Drury South Crossing precinct.
Sitting next to the recently developed Cardinal Logistics facility, the property is surrounded by high-profile neighbours, including the Briscoe Group, Plumbing World, and Dulux.
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Currently a blank canvas, once developed, the regular shape sites will benefit from a separate egress for staff vehicles and drive-through capability for trucks.
A cul-de-sac will provide further turning capability and each site will have services to the boundary.
Drury’s appeal continues to grow with American retailer Costco indicating their preference to build their second New Zealand store in this rapidly emerging area.
Drury South Crossing provides easy access to State Highway 1 and the surrounding infrastructure and roading continues to improve, reflecting the significant investment earmarked for the location.
Colliers Directors Paul Jarvie, Greg Goldfinch, and Ben Cockram have been exclusively appointed to market the sites for sale via deadline private treaty closing at 4pm on Wednesday 24 June, unless sold prior.
The proposed layout of the existing landholding would see the sites created to measure 5,384sq m, 5,755sq m, 5,593sq m, and 8,057sq m, but the sites could potentially be adjusted based on purchaser requirements.
Jarvie, Director of Industrial at Colliers, says the sites benefit from a prominent position on Maketu Road and owner-occupiers and developers will have a strong interest in being able to secure space in this area.
“Regular shape sites of this scale are hard to come by in Drury and give buyers an opportunity to acquire a significant stake in an area that is tipped for considerable growth in the coming years,” Jarvie says.
“The proposed layout will offer functionality for the future occupants that will support vehicle access and truck movements.
“The sites are zoned Business – Light Industry Zone under the Auckland Unitary Plan, meaning they can be used for a wide range of industrial activities including light manufacturing, production, logistics, storage, transport, and distribution.”
Goldfinch, National Director of Industrial at Colliers, says Drury is rapidly evolving as local commercial and residential developments take shape.
“Market-leading developers and owner-occupiers such as Kiwi Property, Harvey Norman, Fulton Hogan, and Fisher & Paykel Healthcare have already secured space in the broader Drury area, underscoring its presence as a major growth hub in the greater Auckland region,” Goldfinch says.
“By 2050 more than 65,000 people are expected to be living in Pukekohe, Paerata, and southern Drury with around 12,500 new homes and 5,000 new jobs expected as a result of this population growth.”
Drury benefits from its position within New Zealand’s economic Golden Triangle and continues to become more accessible with roading projects enhancing connectivity. New train stations for the area are also being developed.
Cockram, Director of Industrial at Colliers, says these sites are well placed to capitalise on Drury’s proximity to key transport infrastructure.
“The Golden Triangle offers access to vital transport and logistics hubs such as Auckland’s international airport, inland ports in Wiri and Hamilton, and New Zealand’s largest seaport in Tauranga,” Cockram says.
“The wider area is home to over 2.5 million people and accounts for approximately 56 per cent of the country’s freight movements, highlighting its importance to New Zealand’s transport links.
"This means Drury serves as a premium location for a business looking to grow its presence in New Zealand’s economic engine room.”
- Supplied by Colliers
