New units offer foothold in booming Drury
Expressions of interest are being sought for workspaces in a new multi-unit industrial complex in the booming South Auckland location of Drury.
Up to 13 new units between 130-580sq m are being offered with vacant possession as part of the new Toiawaka Business Park.
The complex is taking shape in the master-planned mixed-use precinct of Drury South Crossing.
Asking prices range from $750,000 to $3.75 million. Potential rental rates are listed at between $25,660 and $131,300 a year.
Units 1-19, 27 Toiawaka Rd, Drury, are being marketed through Bayleys South Auckland and Bayleys Pukekohe.
Bayleys South Auckland salesperson Mike Marinkovich said the properties were freehold stratatitled units within a body corporate structure.
They were likely to interest a variety of buyers and occupiers for the likes of warehouse/office bases, trade workshops and studios, and business distribution and logistics hubs, he said.
“The smaller workspaces provide high-quality functional warehouse space. Larger units combine high-stud warehouse areas of up to 396sq m plus showroom/office over two levels.
“Each unit includes amenities, a canopy and rollerdoor access, along with dedicated carparks – two parks each for smaller units, rising to four for the largest,” he said.
“The units on offer form part of a 19-unit complex which is security-fenced with dual entrance/exit gates providing full drive-around capabilities.
“Several units are already sold or under contract in the complex, which is now under construction with completion scheduled for October 2023,” Marinkovich said.
The development is being completed by Aucklandbased industrial design-and-build company Euroclass.
The new Toiawaka Rd complex sits in a Business– Light Industry zone under Auckland’s Unitary Plan, providing for a range of uses including light manufacturing and production, storage, distribution, logistics and transport.
Bayleys Pukekohe salesperson Mike Hook said the development offered an opportunity to buy a highquality stake in one of Auckland’s most coveted industrial locations.
The property sits in a fast-growing area around 40km south of Auckland’s city centre.
“Surrounding areas, including Drury, Papakura and Takanini have been targeted for large projected growth. Enormous amounts of land are being opened up for future residential development and these areas are set to see further population growth. The area will also gain from several transport improvements.
“Unparalleled growth is expected with Drury South Crossing’s 361ha of master-planned development under way. This features industrial, commercial and residential uses – including a new town centre that is expected to increase Drury’s population from around 190,000 to over 350,000 in the next 20 years.
“The new industrial complex is ideally placed to capitalise on the area’s growth. It is handy to Papakura train station and public transport networks. It also boasts superior State Highway 1 motorway access with both north and southbound on/off ramps just five minutes from the property.”
The site is 35 minutes from Auckland’s CBD, 30 minutes from Auckland Airport and about 55km from Hamilton.