Commercial and industrial occupiers seeking a site of scale in the Waikato region have the opportunity to secure space at Hamilton Airport following the latest release of land in the Titanium Park development.
Precinct North, one of five precincts that make up the development, has a total landholding of approximately 100ha and individual lots measuring 2,000sq m up to 20ha are for sale or lease via negotiation.
A lease agreement will be for a design build at the development.
These sites cater to a wide spectrum of owner-occupiers or tenants eager to establish a new operational base, or developers looking to leverage the robust demand from tenants.
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The subject site sits north-west of the airport’s main runway and gives occupiers the chance to acquire a foothold in Hamilton’s newest major commercial hub.
These strategically located lots provide easy access to the motorway, conveniently connecting future occupants to the Waikato Expressway travelling north or south.
Earthworks are well underway and the first occupier is set to take possession on 1 May with titles due in Q3.
The New Zealand Transport Agency’s (NZTA) $1 billion Southern Links project, a major national infrastructure initiative, will be readily accessible from Precinct North and the surrounding area, providing a considerable boost to future accessibility.
Colliers Hamilton Brokers Alan Pracy and Justin Oliver have been appointed as master agents to offer the Precinct North lots at 320 Raynes Road for sale or lease via negotiation.
The five precincts of Titanium Park radiate around the central runway at the airport and robust demand means most of the land is already under development in four of the precincts.
Design guidelines for the precinct means it will be developed to a high standard with a distinctive character, while environmental performance is an important component.
Pracy, Director at Colliers Hamilton, says the dynamic airport masterplan accommodates a range of business uses, including those which need direct access to the runway.
“Titanium Park is a natural transport hub given it surrounds the airport and is bound by two State Highways.
"With future roading upgrades on the cards through the Southern Links project and the ability to directly access the runway, Titanium Park shapes as an ideal location to operate a business from,” Pracy says.
“Everything from the internal street networks to the motorway connection has been designed to optimise traffic movements and accommodate large vehicle access.
“Interest in Precinct North has already begun with the announcement of a brand-new design build for a prominent industrial occupier.”
The Waikato Expressway is readily accessible meaning occupiers have convenient access to the other key locations of Auckland and Tauranga in New Zealand’s Golden Triangle.
The area is responsible for approximately 50 per cent of the country’s GDP and is home to half of its residents.
An estimate from NZTA suggests 56 per cent of national freight movements take place within this area, exemplifying its national significance.
Hamilton’s central location means it also offers connections to key North Island centres such as Taupō, New Plymouth, and Rotorua.
Oliver, Associate Director at Colliers Hamilton, says the Waikato region is one of New Zealand’s commercial success stories that is underpinned by significant recent growth.
“Data from the 2023 Census highlights a regional population increase of 8.9 per cent, outpacing the national average of 6.3 per cent,” Oliver says.
“Hamilton is home to a range of nationally renowned commercial and industrial firms, while Trade Depot and Storage King are just two examples of businesses that have established a presence in the Hamilton Airport area as it continues to rapidly develop.
“Demand is building for space at Titanium Park.”
- Supplied by Colliers
