With the availability of industrial land across Auckland remaining scarce, a significant greenfield site in Helensville is being offered to the market for sale and will grab the attention of investors, developers, or occupiers looking for a sizeable landholding.
Located at 45-67 Mill Road, the Helensville site spans approximately 42,834sq m and is held in four separate titles. The property is zoned Business – Light Industry Zone under the Auckland Unitary Plan and is being sold as one singular parcel.
The predominantly flat, regular-shaped site is available with vacant possession and benefits from significant profile to Mill Road on State Highway 16, guaranteeing major exposure for any new development.
Mill Road is strategically situated in Helensville’s commercial and industrial zone and the subject site, which sits next to a Mitre 10, offers significant opportunities for its future use.
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The broader north-west area of Auckland is experiencing rapid growth, with major infrastructure investments improving accessibility, including the roading network. There have also been commercial developments in Westgate and extensive residential developments in Hobsonville.
Colliers Directors Matt Prentice, Shoneet Chand, and Jack Tuson have been exclusively appointed to market the site for sale via deadline private treaty closing at 4pm on Tuesday 11 March, unless sold prior.
Prentice, Director of Industrial Sales and Leasing at Colliers, says given the site’s scale it presents buyers with a compelling opportunity to acquire a major landholding that is ready for development.
“Sites of this size are in short supply across North and West Auckland, and it is rare to see them presented to the open market like this,” Prentice says.
“We have a motivated vendor who has presented us with clear instructions, they want this property sold.”
Research from Colliers notes the overall vacancy rate for industrial property across Auckland is only 2.1 per cent, indicating continued demand in the sector.
Parts of West Auckland and the North Shore have incredibly low vacancy rates such as the Henderson precinct that has a negligible amount of prime industrial space available, while the North Harbour hub has a vacancy rate of 0.3 per cent for prime floorspace.
Chand, Director of Investment Sales at Colliers, says the continued growth of West Auckland has created a further need for commercial and industrial services.
“Extensive residential development has driven population growth in West Auckland and that has coincided with major retail developments at nearby Westgate, including the opening of New Zealand’s first Costco,” Chand says.
“This continued commercial demand has led to a requirement for more development activity in West Auckland, making sites like this one hard to find.”
Tuson, Associate Director of Industrial at Colliers, says the flexible nature of the zoning means there is a range of different ways the site can be utilised.
“As outlined in the Auckland Unitary Plan, the Business – Light Industry Zone anticipates industrial activities that do not generate objectionable odour, dust or noise. This includes manufacturing, production, logistics, storage, transport, and distribution activities,” Tuson says.
“This means this major development opportunity will hold appeal for a broad array of operators.”
- Supplied by Colliers
