Drury landholding has potential
A 18.46ha landholding in fast- growing Drury, is now on the market through Colliers International’s site sales team.
The rectangular, predominately flat site at 116 Waihoehoe Rd is zoned Future Urban under the Auckland Unitary Plan, and situated amid major commercial and residential development. Colliers International site sales director Josh Coburn says it is an opportunity to own a site with residential capability in Auckland’s new centre of activity, just 34km south of the CBD.
The sale process is by deadline private treaty, closing on November 9 — unless sold earlier.
“Drury is earmarked for population growth of 30,000 over the next 10 years, with significant development planned to generate employment in the area,” he says.
“Some 19,000 jobs will be facilitated by Stevenson Group’s nearby Drury South project alone.”
Coburn says the property has been in family ownership for more than four decades. The Robinsons moved to the site in 1973. Their heritage in Drury dates back to the 1900s.”
“The family has operated a successful engineering business, South Auckland Forgings Engineering, out of Waihoehoe Rd for several decades.
“For the last five- and- a- half years, the company has been powered almost entirely by an on- site solar power array, making it one of the most environmentally friendly heavy industrial plants in the world.”
Site sales broker James Appleby says the Waihoehoe Rd property is smartly positioned near five of the South Auckland’s most prominent Special Housing Areas ( SHAs), designed to fast- track residential growth in the Southern Corridor. The Paerata Rise, Bremner Rd, Drury South, Anselmi Ridge and Belmont SHAs propose 7000 new- build houses within the next several years.
Site sales broker Cherry Higginson says there is clear government and council support for growth in Drury.
“Auckland Transport and the NZ Transport Agency plan significant transport infrastructure in the form of train, bus, driving and cycling and walking in the area,” she says.