Multiple industrial sites on offer in Hamilton
A large parcel of industrial land that is split into 10 freehold titles in Hamilton presents prospective purchasers with an opportunity to acquire a unique site for their next major project in one of the city’s fastest-developing areas.
The property, which has dual street frontages to Hounsell Rd and Chalmers Rd in the northern suburb of Te Rapa, spans 60,358sq m. One site has already been sold and the nine remaining plots vary from 4187sq m to 9239sq m.
The sites are all Industrial Zone, of a level contour, and are surrounded by modern buildings and highquality industrial occupiers. Te Rapa offers excellent access to SH1, allowing connectivity to a range of destinations, including Auckland’s busy southern industrial hub.
Colliers directors Alan Pracy and Greg Goldfinch have been exclusively appointed to market the sites and offers are to be presented to them by Monday 28 February, unless sold prior.
Pracy says there will be huge interest in these sites as Hamilton remains highly sought-after due to its favourable proximity to Auckland and untapped growth potential.
“It is incredibly rare to see sites of this scale and size come to the market in a popular industrial precinct that continues to experience ongoing development,” Pracy says.
“Hamilton greatly benefits from being so close to Auckland and with industrial land being in such high demand there continues to be a massive weight of capital that investors are looking to place into the area’s industrial property market.
“The convenient location of these sites, which offers user-friendly access to major arterial routes, suggests these properties will appeal to a range of owner-occupiers or developers who will recognise the potential on offer.”
“The properties can be purchased individually or in a cluster, offering prospective buyers even more flexibility if they have super-sized plans for the future. The varying sizes of the remaining sites on offer means there will be something that will be attractive for a wide spectrum of requirements.”
While the sites are located in a prominent industrial hub, they’re also only a short drive from The Base, one of Hamilton’s major shopping destinations. Hamilton’s CBD can be reached in approximately 15 minutes.
Goldfinch says demand continues to outweigh supply in the industrial land market.
“These sites represent a blank canvas in the industrial space and will give buyers the flexibility to create something truly unique that will suit their future needs,” Goldfinch says.