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Substantial industrial site in Tauranga sure to impress

NZ_AucklandCBD_Communications_Substantial industrial site in Tauranga sure to impress

A super-sized industrial site in Tauranga will be highly appealing for a wide range of buyers given the extensive potential on offer from a premier landholding in one of the country’s fastest-growing regions.

Lot 1, Kaweroa Drive, Tauriko in Tauranga is a 28,763sq m freehold site that is strategically positioned in the tightly held Tauriko industrial precinct.

The Industrial zoned property represents one of the last chances for occupiers, developers, or investors to acquire a site of scale in this sought-after location where land values have experienced significant growth in recent years.

The site, which is approximately 12 minutes away from Tauranga’s CBD, is being offered as vacant possession and offers dual road frontages to Kaweroa Drive and Matakokiri Drive.

Colliers Brokers Rachel Emerson and Rob Schoeser have been exclusively appointed to market the site for sale by deadline private treaty closing at 4pm on Thursday 5 May, unless sold prior.

Tauriko has experienced a commercial and industrial property boom recently through the development of the Tauriko Business Estate, which is now home to a number of notable brands such as NZL Group, Cubro, Bidfood, and Brother International.

There has also been significant residential and retail investment in the area through the Tauranga Crossing retail development and The Lakes subdivision, a dynamic community set within a park-like environment.

Emerson, Industrial and Retail Broker at Colliers Tauranga, says this prime offering at Kaweroa Drive, which is located on a prominent corner site, offers vast growth potential.

“The titles on this property are expected to be issued in June and the roading to reach the site has been completed,” Emerson says.

“Site works are underway, and it is hard to understate the potential on offer given its north-facing positioning that offers extraordinary profile and street exposure.

“The property boasts regular proportions, while being located on a prominent thoroughfare meaning it will experience high traffic volumes on a daily basis. Additionally, Kaweroa Drive is a link road via the potential cross city link that intends to move traffic from State Highway 29 to State Highway 36. This location commands serious attention.”

Due to the site being a blank canvas, Emerson says buyers will be presented with a range of options to help the property realise its potential.

“The new owner may choose to construct a building of scale, occupy a portion of the site, subdivide it, or simply landbank it to enjoy the capital growth on offer.”

Schoeser, Commercial and Industrial Sales Broker at Colliers Tauranga, says there is ongoing demand for developable land in the Bay of Plenty region and supply cannot keep up.

“Lot 1, Kaweroa Drive is one of the most exciting offerings that we will bring to the market this year given the sheer scale of the property and its scarcity factor,” Schoeser says.

“It’s incredibly rare to see landholdings such as this one being presented to the open market and the ongoing commercial growth in Tauranga means there will be strong interest in this unique site.”

Bay of Plenty continues to experience steady population growth as people choose to move to the region for its relaxed lifestyle.

According to Stats NZ, in the year ending June 2020, Bay of Plenty’s population grew 2.8 per cent, an increase of 9,100 people, which was the highest percentage increase of any region in New Zealand. This was driven by high growth in Tauranga city and the Western Bay of Plenty district.

“This continued residential growth in the region shows there will be ongoing demand for commercial and industrial development to keep pace with the population making this site a must-see,” Schoeser says.


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Rachel Emerson

Industrial & Retail Broker

Tauranga

Rachel joined Colliers in 2017 with 25 years (and counting!) of property industry experience in Auckland, Wellington and Tauranga. 

Rachel offers her clients a strong background in all facets of real estate having worked in a wide spectrum of property roles for retailers, landlords and developers.   Roles include; Portfolio Leasing National Bank including both new branch rollout and CBD rationtionalisation,  CBD high rise property and portfolio management for listed property vehicle, shopping centre leasing, industrial land subdivision and sales.  

Rachel has unrivalled experience in the Tauriko Business Estate precinct having worked 10 years for the developer of the estate.  Rachel is proud of her association with the Tauriko Business Estate project and the growth this has enabled the Tauranga region and its businesses.

Rachel knows where you are coming from and how to get the best from a property opportunity. Her relationship network is strong and her ability to forge long term relationships is a key strength of hers.

Rachel is a former Chairperson of the Tauranga Branch of the Property Council of New Zealand and is still an active participant in and advocate for the industry. More recently she has sat on the judging panel for the Property Council People in Property awards in the Bay of Plenty.

Rachel’s interest in the property industry started young as a fierce family competitor around the Monopoly board as a child and then completing a Bachelor of Business Studies Majoring in Valuation and Property Management from Massey University then a Masters in Property Studies from Lincoln University.

Out of the office Rachel is a mum to 3 very active boys (one has a keen eye for Monopoly) and is an avid (although not entirely successful) game fisher.

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Rob Schoeser

Commercial Industrial Broker

Tauranga

Rob specialises in the mid to upper end of the industrial sale and leasing markets across Mount Maunganui and Tauranga.  With 17 years experience with the Colliers Tauranga office and his impressive list of sales and leasing results, Rob is a top performing agent in his field. 

His strong relationships within the industrial market and his professional polite manner secured Rob the largely exclusive relationship with Tauranga's largest industrial developer.

Rob has played a significant in many of the regions largest transactions in the industrial property market over the last seventeen years, this hard work has seen Rob a regular contributor in the top 20 broker list for Colliers across the New Zealand offices.

Rob played a lead role in the region’s most significant industrial transaction being the $96,000,000 sale of the Bob Clarkson portfolio to Mackersy Property and one of the most significant residential transactions being almost 50% of the ‘Tauriko West’ land for future residential purposes at $41,500,000.

Corporate lease deals include Waste Management, Crown Forklifts, NZL, Bunnings, Coca Cola, Balance Agri-Nutrients, ADM and many more.

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