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Modern warehouse on freehold land in Papakura presents fresh opportunities

Modern warehouse on freehold land in Papakura presents fresh opportunities

Functionality is at the forefront of a near-new premises on a large, freehold site in Papakura’s industrial precinct that provides an abundance of opportunities for owner-occupiers or investors.

The property is located at 53 Hunua Road, Papakura and sits on 4,388sq m of Heavy Industry zoned land.

Constructed in 2019, the 1,593sq m building comprises a 1,400sq m warehouse, 180sq m office, and 13sq m of warehouse amenities, with a modern layout and configuration in an ‘L’ shape that will be suitable for a multitude of uses.

Colliers has been exclusively appointed to market the property for sale via auction at 11am on Tuesday 31 August at Level 1, Colliers House, 52 Highbrook Drive, East Tamaki, unless sold prior.

The site is zoned Heavy Industry under the Auckland Unitary Plan, which is hard to find across the region given the shortage of viable locations in the central suburbs.

Josh Franklin, Director of Industrial at Colliers, says the location and size of this property makes it a highly attractive offering.

“Properties of this size bracket are hard to come by especially of this quality,” Franklin says.

“The generous land area and the way it has been designed with an 88 per cent warehouse to office ratio are attributes that are often in demand from users but are rarely found.

“The continuing trend of Auckland shifting south means this property is well located for future owners.

“The recent demand for Drury South land and the development in the area further illustrates the ongoing growth in this location.”

There is a short-term lease in place until late February 2022 held by Compact Homes Limited, trading as HouseMe, providing the new owner holding income of $230,000 plus GST per annum.

“The expiring lease gives the buyer certainty, and an owner occupier can plan their move and finally own in this size bracket,” Franklin says.

Hunua Road serves as Papukura’s main industrial arterial route and is only 3km away from State Highway 1 with the Papakura township only 2.5km away.

The region’s population growth and increased infrastructure investment has created a huge demand for land in South Auckland.

Future development in neighbouring Drury South will include a mixed-use enterprise district that will comprise 145ha of industrial and commercial land, 85ha of parkland, and 45ha dedicated to a new residential community that will create up to 8,000 jobs.

Ben Cockram, Associate Director of Industrial at Colliers, says this tightly held location is popular among industrial occupiers and investors.

“There are limited purchasing opportunities in traditional central locations such as East Tamaki, Onehunga, and Mt Wellington, which are all areas that have seen large volumes of demand recently with few properties available,” Cockram says.

Access to the clear-span building, which features three phase power, is gained through four full height roller doors allowing optimal functionality.

The roller doors are 6m wide with approximately 1,000sq m of sealed yard in front of them making this site ideal for truck and product movement.

The high-stud premises, featuring top-quality construction, is easily accessed from a driveway from Hunua Road.

The contemporary open-plan office layout is spread across two levels and features a reception area and enclosed offices with multiple heat pumps.

Toilets are on the ground floor and there is also a lunchroom on level one, which are all in excellent condition.

There is a generous parking area directly in front and to the side of the office, providing convenience for staff and customers alike.

Hamish West, Director of Industrial at Colliers, says the layout of the property will hold strong appeal for a range of buyers.

“We expect huge interest in this site as modern warehouses with a land holding of this size rarely come to the market,” West says.

“The functionality of the building will provide interested parties with a wide array of options and there is strong potential for growth in the surrounding area.”

Related Experts

Joshua Franklin

Director | Industrial

Auckland South

Josh specialises in the Auckland industrial market, servicing both the leasing and sales. Josh has a particular focus on the East Tamaki, Papakura and Takanini regions where he has formed strong relationships with property owners, buyers and tenants.

Josh has been working in the industrial sector for 10 + years, he was previously a Director and minor shareholder at Knight Frank before joining the Colliers Highbrook team.

Notable recent sales: 

  • 259-265 Church St & 145/149 Captain Springs Rd, Onehunga - $34.4m
  • 52 Spartan Road, Takanini - $17.2m
  • 62 Allens Road, East Tamaki - $12.1m
  • 90 Hunua Road, Papakura - $7m
  • 47 Allens Road, East Tamaki - $5.68m
  • Lot 8, Drury South - $7m
  • 23 Ross Reid Place, East Tamaki - $4.55m
  • 3 Haliday Place (11 units),  East Tamaki - $8.5m
  • 3 Averton Place, East Tamaki - $5.1m
  • 83A Boundary Road, Papakura - $5.6m
  • Lot 18, Drury South - $11m
  • Lot 9, Drury South - $3.9m
  • 23-25 Highbrook Drive, East Tamaki - $6.3m 
  • 64 Boundary Road, Papakura - $6.55m
  • 9-13 Lorien Place, East Tamaki - $3.5m
  • 60 Allens Road, East Tamaki - $4.75m
  • 200 Mt Wellington Highway, Mt Wellington - $13m
View expert

Ben Cockram

Associate Director | Industrial

Auckland South

I am an Associate Director within Auckland's most awarded industrial brokerage team based in Highbrook, Auckland. 

 Specialising in industrial sales and leasing, I have over 6years  experience in Auckland's highly competitive industrial market and have forged very strong relationships with both owners and tenants. I am a highly motivated individual who approaches all transactions with professionalism, integrity and vigour.  
Since commencing brokerage in September 2014, I have been involved in 121 leasing transactions and 110 sales. Having leased and sold buildings of all sizes in Auckland I have vast experience in all areas of Auckland's industrial market. 

In 2018 I was made an Associate Director of Colliers International NZ. 

As of January 2021;

Total sales transactions - 110
Total sales value              -  $301,271,980 

Total leasing transactions - 121
Total sqm leased                   -  126,600m²

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Hamish West

Director | Industrial

Auckland South

With more than twelve years of experience in the commercial and industrial property sector, Hamish has been involved in a significant number of industrial property projects in Auckland and across New Zealand. During this time he has been responsible for the sale of more than $1.4B worth of industrial assets, in addition to providing leasing and design build solutions totalling more than 660,000m² for a range of major local & international occupiers.

Career Success

Hamish has proven to be a consistent and highly effective broker and in 2012 & 2015 was awarded with the Colliers National MVP Award for Brokerage Excellence, and 2015 saw him achieve the ranking of 6th highest revenue earner in Colliers nationally.

Market Specialisation

Hamish specialises in the sale and leasing of high value assets in the South Auckland Property market and has been involved in many projects including:

  • Sale and leaseback transactions
  • Tenanted Investment sales
  • Receivership sales
  • Vacant possession sales
  • Development property sales
  • Land sales
  • Vacant building leasing
  • Design build leasing
  • Tenant property sourcing
  • Purchaser property sourcing

Hamish has done a significant portion of his work with both private clients and corporate clients including Goodman, PFI, Broadway Developments, Southborne Holdings, Stride, Kiwi Income, Auckland Airport, Norak Properties, JKGL Group, Samson Corporation, Southpark Corporation, Quadrant, Location Group, Argosy, Windward Properties, and Depot Investments to name a few.

Recent occupiers include Bunnings, GPC (Repco), GUD, Ricoh, Ideal Electrical, Crown, Sirva, Wedderburn, GEA Process Engineering, Delmaine, Siemens, Hydraulink, Verifone, Sistema, Tyco, Bunnings, Fletchers, PMA Global, Compac Sorting Equipment, and many other SME businesses.

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