A large freehold development site zoned for Business – Light Industry in a major growth hub at Auckland’s north western gateway is expected to attract intense buyer interest from investors, developers, and owner-occupiers.
The approximately 8,354 sq m greenfield property is one of the last remaining sites available for sale in the area, following strong demand for developable land in Auckland’s north-west over the last two years.
Occupying a prominent position within the master planned mixed-use area of Westgate beside State Highway 16, the property is strategically positioned and is well served by motorway connections north, west, and south - a result of being well located on the western ring route.
The property is approximately 20km from the CBD, and the area benefits from the extension of the Upper Harbour Highway, the widening of SH16 from Lincoln Road to Westgate and the completion of the Waterview Tunnel.
Colliers has been exclusively appointed to market the vacant land at 16 Northside Drive, Westgate for sale by deadline private treaty, closing at 4pm on Tuesday the 3rd of August 2021, unless the property sells earlier.
Matt Prentice, Director at Colliers, says the property consists of a substantial, levelled lot of bare land on a single title.
“The irregular shaped level site comprises approximately 8,354 sq m of land on the northern side of Northside Drive and shares a boundary with Kennards Hire. The site has dual access from the main arterial, Northside Drive.
“Land in this location is rarely available, and a recent surge in activity on Northside Drive will give both developers and land-bankers confidence that the property is a superior offering that discerning buyers should not hesitate in acquiring.
“Westgate commercial and residential precincts continue to grow as Auckland Council executes its growth plan for the area, serving as the principal centre for the north west community.
“The ‘shovel-ready’ hotspot is popular due to its live Unitary Plan zoning, advanced infrastructure and well-established local amenity,” says Prentice.
Shoneet Chand, Director at Colliers says: “16 Northside Drive is approximately 20 minutes’ drive from Auckland’s CBD and lies at the northern end of the established Westgate Commercial Precinct, which includes the Northwest Mall, Mitre 10 Mega, Turners, Bunnings and AS Colour.
“Westgate is also soon to be the home of New Zealand’s first Costco with the big box retailer from the USA in the process of opening a new $100m three-storey wholesale store and fuel station next to the existing shopping centre.
“Northside Drive connects Fred Taylor Drive to Maki Street and is planned to extend over the SH16 motorway to an intersection at Trig Road. Northside Drive is only a few minutes’ drive to Red Hills – approximately 600 hectares of residential zoned land that will eventually encompass schools, sports fields, reserves, local shopping, and dining amenity as well as approximately 20,000 homes.
“The property is a mere five minutes’ drive to the two on ramps to State Highway 16 and 18. Since the upgrade of SH16 to the Waterview Tunnel and the extension of the Upper Harbour Highway to Albany (SH18), the area has become an extremely attractive location for both the Southern/Airport Precinct as well as the Albany/North Shore precinct, and is seen as much needed over-flow from both Rosedale and Rosebank office and industrial precincts,” says Chand.
Josh Coburn, Director of Site Sales and General Manager of the Colliers West Auckland office notes that from its genesis as a largely residential and rural suburb in the 1970’s, it was clear that the north-west area around Westgate had significant potential for growth.
“In the 1984 Waitemata District Scheme, the area was first formally recognised as a commercial hub to be developed as one of three major sub-regions of West Auckland.
“Development of the area’s commercial centre started in the late 1990’s. Initially dominated by large format retailers, development of the area continued to expand encompassing the entire region and a major residential node at Hobsonville Point by the mid-late 2000’s.
“Subsequent plan changes provided the opportunity to develop over 400,000 sq m of retail space plus mixed use opportunities for residential apartments, light industry and 28ha of public open space.
“Following the formation of the Auckland Super City in 2010, Westgate was identified as one of ten Metropolitan Centres in the Auckland region and the subsequent Unitary Plan allowed the rezoning of surrounding areas, including Red Hills, Whenuapai and Kumeu-Huapai which massively increased the importance of Westgate as a retail and commercial centre.
“To date, public and private sector investment in the Westgate area is in excess of $1 billion. Some of New Zealand’s largest listed property companies already have substantial investments in the area including Kiwi Property Group, owners of Zone 7 and Stride Property, owners of the Northwest Shopping Centre.
“The Auckland Future Urban Land Supply Strategy (July 2017) predicts growth from these areas will be in excess of 40,000 dwellings, or 100,000 people within the next 15 years, much of it coming from neighbouring Red Hills, says Coburn.
Growth in the north west is anticipated and provided for in the Regional Land Transport Plan through the following projects:
- Bus priority improvements and transit lanes (2015-2025)
- Walking and cycling programme –Transport Agency (2015-2025)
- State Highway 16/State Highway 18 intersection
- Brigham Creek Road corridor road improvements (2018-2025)
Prentice says: “All interested parties should undertake due diligence as soon as possible to avoid any disappointment upon the property selling by deadline private treaty on the 3rd of August or earlier.”