3 minute read
Location
The Locations
Hobsonville, Auckland
Hobsonville Pont is one of the fastest growing areas in Auckland City with large scale Residential and Commercial building development beginning in 2011 and scheduled to continue into 2024. The area juts out into the Waitemata Harbour and is a short 20-minute drive northwest of Auckland’s CBD. Once fully complete in 2024, this new Auckland community will be home to a total of 11,000 residents with 4,500 residential homes, several commercial restaurants, and bars and 26 hectares of parks and reserves.
The well-established suburb of West Harbour is to the southwest with Greenhithe to the northeast, with both suburbs providing strong support to local businesses. The BP site is well positioned on State Highway 32, a main arterial traffic route in the area.
Rukuhia, Hamilton
Hamilton is strategically located between the two main New Zealand ports of Auckland and Tauranga and is just over an hour from Auckland. It is the fourth largest city in New Zealand with a population of over 150,000. The Rukuhia area is home to Hamilton Airport and is an industrial growth area with tenant such as Visy Board and Torpedo 7 trading from this location. With further development and a new arterial road planned for the immediate area, this location will remain a popular industrial area.
Five Mile, Queenstown
The Queenstown Lakes District region offers unparalleled lifestyle in a unique environment, captivating national and international visitors alike and is home to a growing permanent population. On any given day there is an average of 70,000 people including visitors, swelling to 120,000 at peak visitor times. The region benefits from growth in the resident population and growth in international and domestic visitors, driving visitor expenditure growth significantly higher than the national average. Five Mile is well positioned to capture this expected growth. Five Mile Centre is located on the corner of Grant Road and Frankton Ladies Mile Highway (State Highway 6), Frankton, circa eight kilometres by road north of Queenstown International Airport. The Five Mile Centre is in the centre of growth in Queenstown. Topographical constraints restrict the ability to extend or expand the CBD. Congestion, parking, and limited access are all significant challenges of a CBD location. Frankton is the fast growing alternative, fulfilling the need for accessible and dynamic places to shop, work and stay for locals and visitors alike. The immediate area of Frankton comprises primarily of commercial and service retail provided through the subject Centre, the adjoining Queenstown Central and Remarkables Park together with industrial development situated on Glenda Drive. Remarkables Primary School and Wakatipu High School is situated a short distance away from the complex. Queenstown International Airport is situated immediately to the south of the subject properties, providing the main tourism gateway to the Central Otago area.
Mount Maunganui
Mount Maunganui has experienced large growth in recent times with the increase in economic activity across the golden/growth triangle of Auckland, Hamilton, and Tauranga. Industrial property, Warehousing and bulk retail properties have become prominent due to the proximity to New Zealand busiest port and key roading and rail links. Port of Tauranga is the largest port in New Zealand by both total cargo volume and container throughput. This port is the only natural port between Auckland and Wellington which assists with strong economic activity in the region.
Attracting locals are the limitless sporting and recreational pursuits, vibrant arts and cultural experiences, and high-quality retail & community facilities, all of which are complimented by the favourable climate. Mount Maunganui has one of the most popular beaches in New Zealand and is a highly rated tourist attraction. Tauranga also offers high quality education across all levels with a range of schools, a University of Waikato campus, and the Bay of Plenty Polytechnic.
Silverstream is a suburb of Upper Hutt, located just 7km south-west of the Upper Hutt central business district. Silverstream business park is a newly developed area with strong transport links and easy accessibility to State highway 2. The surrounding Upper Hutt area has experienced significant growth over the previous decade as the as the geographically constrained Wellington region grows. With large scale residential developments underway and plans to further develop residential land, the Upper Hutt community will benefit from population growth in the area which is leading to greater commercial activity in the area. The Silverstream business park has been specifically developed to cater for this commercial need with well-known tenants such as Fliways and Hirepool being located in the park alongside CDC Pharmaceuticals. Geographical constraints in and around the immediate Wellington city area have led to growth in commercial property in Upper Hutt due to its accessibility to major transport links.
