With the wider Drury region tipped to become home to more than 60,000 people in the next 30 years, and as significant infrastructural and development projects proceed in the area, developers are sought for a large Tuakau landholding to deliver a substantial residential project in the high growth area.
The family-owned 14.08ha site at 52 Dominion Road, Tuakau is zoned Residential, and has a concept plan for circa-170 sections, each around 450sqm, enabling a master-planned residential community to be created.
Access to the flat, largely bare site is directly off Dominion Road, with regional connectivity via the Auckland southern motorway and Waikato Expressway, accessed through the Pōkeno (8.5km away) and Bombay (15km away) interchanges.
Schooling across all levels is available in Tuakau, reinforcing its appeal as a family-friendly satellite town.
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Shane Snijder of Bayleys is taking the property to market through a tender process closing Wednesday 11th March, unless sold prior.
With Tuakau seeing strong demand for affordable well-designed housing, and the council supporting residential intensification in designated areas, Snijder says the Dominion Road landholding would give a forward-thinking developer early entry to a growth market.
"Tuakau sits on the Auckland-Waikato boundary and combines rural character with the momentum of a rapidly expanding urban fringe.
"As affordability pressures push outward from Auckland, demand for quality housing in the area continues to surge.
"Census 2023 data confirms Tuakau's population has grown to over 7,000 residents and based on current development trends across the southern corridor, further strong growth is anticipated over the coming decade.
"A developer's golden rule is to buy on the fringe of any major city and let the growth come to you, and Tuakau is poised to benefit from the halo effect of neighbouring growth areas such as Drury and Pōkeno."
Snijder says Tuakau can draw on a ready labour force, and it has compelling locational advantages, primely positioned within the economic golden triangle offering convenient access to Pukekohe, Hamilton, and the wider Auckland region.
"It's more than ready for a for a well-considered residential subdivision delivering cost-effective housing at scale."
He also points to the impact that heavyweights like Kiwi Property and Fisher & Paykel Healthcare are having in the area, saying this will give residential developers confidence to acquire and build.
"Kiwi Property Group has been granted approval for Stage 1 and Stage 2 of its Drury Metropolitan Town Centre project under the Fast-track Approvals Act 2024, allowing its transit-orientated mixed-use development to proceed.
"Kiwi Property also has a conditional agreement with Costco for a 6.4ha site at the southern end of its new town development, adjacent to State Highway 1, and this has caused a ripple of excitement in the wider catchment.
"Meanwhile, Fisher & Paykel Healthcare has been given the green light by Auckland Council to rezone 86.5 hectares of land in Karaka from Future Urban Zone to Business-Light Industrial Zone allowing it to progress plans for its new Karaka innovation and manufacturing campus, expected to be a 30 to 40-year staged project.
"The campus will be roughly 20km from the subject Dominion Road land we're selling and is forecast to accommodate more than 15,000 staff which is really significant in terms of housing capacity in the area."
Planned infrastructure initiatives, including the upgrade of Mill Road to a four-lane corridor and ongoing improvements to rail services, are expected to support continued residential and economic growth across southern Auckland.
"This further supports Tuakau as one of the most logical locations for large-scale residential development," says Snijder.
- Supplied by Bayleys
