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Pending motorway completion fast-tracks commercial development opportunity

Tags: Auckland Commercial Hamilton

The simultaneous sprawl of commercial and industrial land south from Auckland and north from Hamilton has spurred the sale of a substantial ‘greenfield’ development site midway between the two cities.

The simultaneous sprawl of commercial and industrial land south from Auckland and north from Hamilton has spurred the sale of a substantial ‘greenfield’ development site midway between the two cities.

The large 4,093 square metre freehold site at 26 Rangiriri Road in Rangiriri is just a couple of hundred metres from the new high-speed four-lane express route linking Auckland’s CBD some 78 kilometres to the north and Hamilton CBD some 47 kilometres to the south.

The flat grassed site encompasses three titles with a combined Waikato District Council rateable value of $352,000. The land is zoned commercial and currently sustains a usable corrugated iron workshop flanked by two small wooden storage buildings, and been used as the deport for a trucking operation for the past 60 years.

Now the land is jointly being marketed for sale at auction on October 6 by Bayleys Auckland and Bayleys Hamilton through salespeople Meredith Graham and Josh Smith. The auction is being held in Bayleys Hamilton’s offices.

Ms Graham said the location of the Rangiriri land would suit a logistics or transport focused firm with a high degree of business activity in the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, and even embracing the Northern Bay of Plenty and Coromandel regions to the east.

“The on-going jig-saw construction of the Waikato Expressway sees the five kilometre Te Kauwhata–Ohinewai stretch running along the edge of Rangiriri due for completion later this year,” she said.

“The Waikato Expressway is made up of four sections - the first part beginning at the top of the Bombay Hills and ending at Longswamp, the second beginning at Rangiriri and ending at Ohinewai, the third beginning at Taupiri and ending at Te Rapa and the fourth beginning at Tamahere and ending two-and-a-half kilometres south of Cambridge.

“Rangiriri is one of only a select few townships with interchange access along the entire expressway – the others being Bombay and Mercer. Currently, work is underway on the construction of the Huntly by-pass - which will then make Rangiriri the last town on the expressway network heading south before Hamilton,” Ms Graham said.

Land Transport New Zealand data shows Rangiriri already had a large volume of commuter traffic passing the town daily, and Ms Graham said this would continue to increase with the completion of the expressway.

“Land in Rangiriri is markedly cheaper currently than comparable sized commercial blocks in the more built up towns adjacent to the expressway. In addition, as a greenfield site, the Rangiriri site it has a virtual blank canvas for development as it is unconstrained by any existing or previous use clauses,” she said.

“Similarly, for a freight forwarding, warehousing-reliant, or logistics type firm, the set up and operating costs in Rangiriri are substantially more attractive than even the urban fringes of any of the bigger cities surrounding this central location.”

Ms Graham said that under this format, the site lent itself towards an owner/operator looking to develop the site.

However, Mr Smith said there was another completely different opportunity for the location - with concept plans already designed for the site which could see the establishment of a country-themed café utilising the existing building. These plans would be made available to any potential buyer.

“State Highway One already has an established network of convenience stops heading south out of Auckland – starting with the BP Papakura fuel and retail hub, the Bombay fuel, food and beverage centre, and the Mercer country stop,” Mr Smith said.

“After Mercer though, there will be nothing really until Hamilton once the express way is completed…. except for Rangiriri. Anchored by the highly-visible Rangiriri Tavern, the town is prime for extending the motoring convenience chain south from Auckland.

“With local traffic, including those coming from over the Waikato River to the west and a new off ramp, ease of access to the site is assured. This is a major benefit for any business wanting to service either a fleet of industrial scaled vehicles looking for quick access to the motorway just a few hundred metres away, or a business whose client base would be reliant on passenger vehicles, again coming to or from the nearby motorway.

“The addition of a cafe would also be a food and beverage drawcard for the local rural population which currently has only one other café style option in Rangiriri, and otherwise has to head north or south on the motorway to find a decent coffee or panini.”

Mr Smith said a new food and beverage venue could leverage off Rangiriri’s historical significance – as one of the most important pa and battle sites off the 1840 - 1986 Maori Land Wars.

Rangiriri is the site of the Waikato’s largest Maori Land Wars conflict - The Battle of Rangiriri, which is of enormous historical importance to both New Zealanders and the British. A vast number of people visit the battle sites annually. This is forecast to grow in 2017 with the completion of the new expressway.  

“The Battle Site Museum & Café has a steady stream of visitors that take in some history while sampling some local hospitality,” Mr Smith said.

“Rangiriri is also linked to the West Coast via the Rangiriri Bridge over the Waikato River.  This joins onto the tourist route of Highway 22 taking in amazing views of farmland, West Coast beaches and of course the famous Waikaretu Limestone Caves.”


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