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The 1.15-hectare light industrial land located at 24 Sawmill Road, Riverhead presents an exciting opportunity for developers, land bankers, and owner-occupiers in Northwest Auckland:
Site Features:
* Size: The freehold title covers 11,506 square meters.
* Topography: The site has a gentle sloping contour.
* Subdivision Potential: The site could potentially be subdivided into smaller parcels (subject to council consent).
* Prominent Position: Situated at the end of Sawmill Road, which is a cul-de-sac off Forestry Road, the site enjoys an elevated position.
* Industrial Hub: It’s part of a light industrial hub that houses major companies such as Atlas Concrete, Bowers Brothers Concrete, JSC Timber, Green Gorilla, CCL, Yakka Construction, Albany Transport and Ch'I Herbal Drinks.
* Location: The property is a short 12-minute drive from the heart of the Westgate shopping precinct or 7 minutes from the Northwestern Motorway interchange (during off-peak traffic).
Opportunities and Considerations:
* Rare Offering: This property represents a rare market offering.
* Development Potential: There’s a huge future development opportunity given the limited availability of Light Industrial Zoned land across Auckland.
* Northwest Location: Conveniently located in the northwest area.
* Vendor Motivation: The vendors are moving on to other projects and are keen to sell.
* Diminishing Opportunities: Recent sales in Westgate, Hobsonville, Whenuapai, and Kumeu indicate that opportunities to acquire light industrial zoned land are slowly diminishing, both in Northwest Auckland and citywide.
* Infrastructure and Re-zoning: Infrastructure and council funding constraints may delay future re-zoned land, making the present an opportune time to act.
This property offers a great long-term opportunity, so don’t miss out!
Contact the Agents today for further information or to inspect Ryan de Zwart 021 575 001 or Jimmy O'Brien 021 979 001
Features:
* Freehold title of 11,506sqm
* Rare market offering
* Huge future development opportunity
* Limited Light Industrial Zoned land across Auckland
* Handy Northwest location
* Subdivision opportunity
* Vendors moving on and want sold.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.49 km | 4 | 2 | -m2 | 2024年05月01日 | $1,730,000 | Council approved | |
 | 0.11 km | 5 | 3 | -m2 | 2024年03月08日 | $1,525,000 | Council approved | |
 | 0.24 km | 4 | 3 | 210m2 | 2024年02月22日 | $1,630,000 | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | 2024年02月08日 | $1,120,000 | Council approved | |
 | 0.98 km | 5 | 350m2 | 2023年12月11日 | $2,965,000 | Council approved |