Large Akoranga development site
A substantial 1.15ha development site at the gateway to the North Shore’s Akoranga Business Park, 10 minutes from Auckland’s CBD, is on the market for the first time in more than 20 years.
The Warehouse Group has appointed Colliers International to market the mixed-use landholding at
2-20 The Warehouse Way, Northcote, for sale by expressions of interest.
EOI responses are to be lodged by
4pm on Wednesday 31 October. Capital Markets Director Jason Seymour is marketing the property with Site Sales Director Josh Coburn and Capital Markets National Director Peter Herdson.
Seymour says it is a rare opportunity to secure prime development land in one of Auckland’s premium business parks.
“Just 3.5km from the Auckland Harbour Bridge, the landholding is at the gateway to Akoranga Business Park – the North Shore’s closest premium business park to the CBD.
“This readily accessible and highly visible commercial precinct overlooks the Esmonde Rd motorway interchange, providing access to Takapuna and Devonport.
Seymour says Akoranga Business Park is a commercial success story, having accommodated some of Auckland’s best-known corporate tenants.
“Staged development began in the late 1990s, with The Warehouse Group’s office complex providing the catalyst for further development.
“The company has continued to expand its presence on the site, while other corporates have moved into the area following the development of four more office buildings.
“Akoranga Business Park today houses some well-known national and global technology and construction companies including Canon, Samsung and Haydn & Rollett.”
Coburn says the park is eady for the next phase in its development, with the potential to add further amenity to the precinct and wider community.
“The Warehouse Group is seeking a purchaser with the capability and vision to complement and add to the level of amenity within the park.”
Coburn says the site has Business Park zoning under the Auckland Unitary Plan, which is designed to recognise existing business parks.
“This zoning applies to areas of high amenity, comprehensive master planning and proximity to rapid and frequent transport services.
“It enables moderate to intensive office activity along with some ancillary services such as gyms, childcare and food and beverage outlets.
“Other developments might include short stay accommodation, education, conference facilities, health and medical, supermarkets up to 450m, recreation facilities, labs, light manufacturing, warehousing and storage.”