7,250sq m site for sale at the corner of James Fletcher Drive and Savill Drive
Logistics giant Toll Group NZ is selling a superbly located corner site with sought-after Heavy Industry zoning next to its huge new Auckland freight forwarding facility in Otahuhu.
The 7,250sq m site, at the corner of James Fletcher Drive and Savill Drive, is prominently positioned within an established and fast-growing industrial area that is popular with major logistics users.
It is part of a 17.2ha landholding that Toll acquired from Fletchers in 2017.
The global logistics company is currently developing a new freight forwarding facility on the site that will offer direct access to the KiwiRail network.
The corner of the site is surplus to Toll’s needs, so the company is now offering it to the market.
Colliers International Industrial directors Greg Goldfinch, Brad Johnston and Andrew Hooper have been exclusively appointed to market the freehold property.
It is for sale by deadline for offers closing at 4pm on Wednesday 1 May, unless sold earlier.
Goldfinch says the site ticks all the boxes with its location, profile and generous zoning.
“This is a chance to acquire a freehold block of bare land in a popular industrial area undergoing extensive growth,” he says.
“The property has excellent transport links and is surrounded by quality industrial and logistics users, including Goodman Property’s extensive Savill Link industrial development.
“Major occupiers in the area include Steel & Tube, Holden, Coda, Supercheap Auto and Mainstream Logistics.”
Johnston says the site benefits from fantastic profile.
“The property is prominently located on the busy corner of James Fletcher Drive and Savill Drive, both of which are major arterial routes.
“With about 200m of road frontage, there is huge exposure to an average of more the 20,000 passing vehicles a day.”
Johnston says the property provides an array of opportunities for developers and occupiers alike.
“There is a real scarcity of developable industrial land in Auckland, especially with Heavy Industry zoning.
“The site’s regular shape and zoning make it suitable for multiple uses, including a design-build industrial development or land/yard-based industrial use.
“Alternatively, the site’s corner profile would make it suitable for a service station or convenience retail development, if suitably rezoned.”
Hooper says the Otahuhu area is characterised by a number of large industrial landholdings.
“It is centrally located between the major industrial hubs of Auckland Airport, East Tamaki, Wiri, Mount Wellington and Onehunga.
“Accessibility to the site itself is superb due to huge investment in surrounding infrastructure.
“Both road frontages link to Favona Road, which offers direct access to State Highway 20 and the wider Auckland motorway network.
“This puts the site within 9.5km of Auckland International Airport and some 18km south of Auckland’s CBD.”
The site will be subdivided from Toll’s larger Heavy Industry zoned landholding, with a title expected in about August/September.
The Heavy Industry zone is Auckland’s heaviest industrial zoning, allowing for a wide range of industrial activities that may produce objectionable odour, dust and noise emissions.
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