"They are reasonably flexible and are willing to work with the right party to provide them with the amount of land that is best suited to their requirements and which doesn't compromise the vendor's operations."
Chaudhary says the sale represents an owner-occupier or development opportunity in a growth area. "It's a level, sealed site, with services already in place, in a very strategic location with good access to the SH20 and SH1 motorway interchanges, Auckland airport and the inland port in Onehunga.
"This a rare opportunity for a distribution business to position itself among well-established large national and international industrial occupiers, although the site may also suit appropriate trade or retail operations given its high profile to Roscommon Rd. This main arterial road joins State Highway 20 about 1.5km away and provides the site with fast and easy access to both the southwestern and southern motorways."
Carran says the site has dual access from its main frontage at Hautu Drive and from Ha Cres, which provides design flexibility as well as ease of access to the property. The Hautu Drive and Roscommon Rd intersection is also controlled by traffic lights which improves accessibility to the property, he says.
"Greenfields sites in this popular precinct are becoming increasingly difficult to secure, particularly in a prime location like this, with long-term land bankers and developers generally holding the best sites."
A smaller site at 36 Smales Rd, East Tamaki will go up for auction on July 24 in the Bayleys Building, at 1 Allens Rd in East Tamaki.
Katie Wu, who is marketing the 1920sq m site with Bayleys Manukau colleague John Bolton, says Smales Rd connects the established industrial area of East Tamaki and the fast-growing Botany and Flat Bush residential areas in a direct alignment with the Highbrook interchange.
"This property is well positioned for a commercial development to take advantage of the projected growth in Flat Bush which will increase the volume of traffic using this already busy arterial thoroughfare."
By 2020, 40,000 people are expected to be living in the greater Flat Bush area. More than 30,000 already work in nearby East Tamaki.
A Mobil service station is trading from a neighbouring property and the site adjoins Greenmount landfill to the north, which is in being decommissioned and converted to a 54ha public park.
Katie Wu says a resource consent to construct four buildings of retail and fast-food outlets with car parks was granted but has lapsed. "A new owner could progress the original plans to develop a retail convenience centre on the site, which it is well suited to because of its high profile location on a busy arterial road and good accessibility. However, its Business 5 zoning allows for a wide range of commercial, retail and light industrial uses so there are plenty of options open to a purchaser."
Bolton says development work already done on the site will provide significant cost savings to the new owner. The property is fully serviced with water, stormwater, electricity and gas infrastructure in place.
"This is an excellent opportunity to acquire one of the last freehold sites in the area and to take advantage of the substantial amount already spent on council contributions and services," Bolton says.
Further south, at 3A Keith Place in Pukekohe, 5060sq m of industrial land is for sale through Brian Caldwell of Bayleys North Shore Commercial and Peter Migounoff, Bayleys Counties. Tenders close on August 2 unless it is sold before that.
"This is a clear, level, freehold site which presents an opportunity for an enterprising developer or owner occupier to acquire a site at an economic cost in a newly established industrial area," says Caldwell. "We have a very committed vendor who will consider all options including a sale, joint-venture development or deferred settlement."
Migounoff says the site is surrounded by good-quality developments, is close to Pukekohe's retail centre and main arterial links and is ready to build on.
"Pukekohe is one of the fastest developing areas in Auckland and is expected to continue to grow strongly in the medium to long term.
"Land prices are also cheaper than in the main Auckland industrial precinct and it's a very good location for businesses that have customers in the Waikato and Bay of Plenty as well as Auckland," says Migounoff.
