25 Noel Burnside Road, Wiri, Auckland - Manukau

Nestled in the prime South Auckland industrial suburb, this 12,050sqm freehold property at 25 Noel Burnside Road, Wiri, Auckland - Manukau, offers a unique opportunity. The property, zoned for industrial-service use, features mixed-materials construction for both the walls and roof, in average condition. It boasts a vast land area with approximately 850sqm of existing buildings and 11 carparks, with the potential for further development as conceptual plans for an 8,000sqm built development are already in place. The site benefits from excellent transport links, being just 700m from two motorway interchanges. The capital value has seen a remarkable increase of 95.19% from $5,200,000 in 2017 to $10,150,000 as of 2021, with the HouGarden AVM estimating it at $10,060,000. The latest sale was for $12,000,000 in 2024, compared to $1,807,500 in 2004. Educationally, the property falls within the decile 2 school zones of Aorere College (Secondary), Papatoetoe South School (Contributing), and Papatoetoe Intermediate.

With flexible tenancy arrangements, this property presents an income-producing opportunity with leaseback or vacant possession options, suitable for owner-occupiers, developers, and land bankers. Its superb location within the fastest-growing commercial zone of Auckland ensures seamless connectivity to key economic hubs.

For those with an eye on education, the property is within the catchment area of Aorere College, Papatoetoe South School, and Papatoetoe Intermediate, all rated decile 2, providing a solid educational foundation for the family.

Updated on November 20, 2024