Large Pokeno industrial site

The 39 Gateway Park Dr property is identified by a red border. Photo / Supplied

JLL agents say a large land holding in Pokeno's Gateway Business Park could attract businesses from either the Waikato or Auckland.

They say the freehold 28,600sq m site, sitting just a few metres from the Yashili New Zealand Factory, is the last industrial-zoned site available in the area. The property, at 39 Gateway Park Drive, will be sold through an expressions of interest campaign, closing at 4pm on June 1.

JLL's Henri Yeoman says the property could be seen as an attractive proposition for a business coming from either the Waikato or Auckland, given Pokeno's immediate access to SH1 and SH2.

"Greenfield land in Auckland is becoming quite scarce; owner occupiers, investors and developers are looking further afield to areas such as Pokeno. Being a flat site with three road boundaries the site has great access and development potential. It can also be subdivided into blocks down to 1200sq m," says Yeoman.

Zoned Light Industrial, the property would suit a range of uses both industrial and non-industrial, such as manufacturing, product distribution, storage, cafes, takeaway stores, veterinary centre, fitness centre or garden centre.

The maximum height allowance for the site is 15m with a restricted discretionary height of 20m.

The location is pivotal in terms of access to a multitude of city centres and with this comes access to both ports and airports. The property is about 20-minutes drive to Manukau, 30-minutes to Auckland Airport, 40-minutes to Auckland CBD and 50-minutes to Hamilton.

"Travel time to Hamilton is expected to be reduced when the Waikato Expressway is completed in 2019. Tauranga can also be accessed in about two hours, and being located in Pokeno instead of Auckland CBD means there is no motorway traffic to cause delays," says Yeoman.

JLL agent Tim McGoldrick says Pokeno is a growing area with new residential subdivisions currently in development nearby. With Auckland house prices increasing so much in recent times, people have turned to areas such as Pokeno to live and in turn this has created a growing workforce for businesses based in the area.

"The growth of the area has been well recognised and a wider plan is in place to aid the areas rapidly increasing population. This plan includes 2000 residential sections to the north, a revitalised town centre, centalised sports park and 80 hectares of industrial land, of which 39 Gateway Park Dr is the last site available. The residential sites are also in high demand with 900 residential lots already sold," says McGoldrick.