A retail and childcare development opportunity in the high growth area of Hobsonville, with resource consent, has become available for developers looking to take advantage of the substantial growth in the local area.
Colliers brokers Sean Finnegan and Craig Smith are marketing the site at 102C Hobsonville Road, which is for sale by Deadline Private Treaty. Final offers are due by Wednesday 17 August, unless sold by prior by negotiation.
Smith says the 8,197sqm land site presents a fantastic opportunity for an astute developer looking to benefit from the high local tenant demand as well as the limited land available for developers to currently acquire.
“The area has recently experienced a massive influx of residents as Auckland is forced to expand according to its population growth. The Northwest is set to expect an additional 20,000 homes with 60,000 residents in the near future.
“This site is the perfect opportunity for someone who is keen to develop an exciting product that caters for the ever growing demand Hobsonville is experiencing,” says Smith.
With resource consent granted, the site is ready for a development consisting of a retail and office complex, including a childcare centre that can accommodate up to 85 children, gym, cafe and a standalone single story office building.
Finnegan says the site’s location is also a reason behind its desirability.
“The site sits within close proximity to State Highway 16 and State Highway 18, making this development highly convenient to commuters and local residents,” he says.
“It has a 65m frontage to Hobsonville Road and sits on the corner with Dowdens Lane which is only five minutes to SH16 and three minutes to SH18.
“It is also only 2.5kms from the Westgate Shopping Centre and the more recently completed NorthWest Shopping Centre, and five minutes away from Hobsonville Point” he points out.
Smith says Hobsonville’s severe lack of available commercial land for development makes this opportunity appealing, as the area continues to experience substantial growth.
“Hobsonville is a huge growth area and home to a number of large residential, commercial and industrial developments.
“It’s close to the motorways and public amenities and services a large residential catchment,” Smith says.
This site is the last available opportunity in the 10 hectare Hobsonville workspace development where the balance has been snapped up by developers, owner occupiers and investors, he says.
The offering is made up of Lots 3 and 4, which are for sale, and form part of the larger Business Park subdivision comprising a total of 22 lots, all of which have been sold.
Hobsonville Point to the east is one of Auckland’s fastest growing areas, and is currently being developed at a rapid rate.
Just recently a primary and secondary school, several cafes, a medical centre and a superette were opened.
Hobsonville Road is also home to several retailers within the newly completed Hobson Centre which includes a brand new Countdown.