Commercial -
A high-profile industrial property positioned at the heart of South Auckland’s growth corridor presents an opportunity for owner-occupiers, add-value investors, and developers to secure a prominent foothold in one of the region’s most active logistics precincts, Bayleys brokers say.
Bayleys sales and leasing specialist Matt Lee is marketing the 4,395sqm (more or less) freehold site at 47 Druces Road, for sale by international tender, closing at 4:00 pm on Thursday, 25th September 2025 (unless sold prior), alongside colleagues James Chan and Greg Hall.
Lee says the asset offers rare dual-access versatility and immediate strategic value, with holding income in place and strong fundamentals underpinning future development potential.
“Industrial properties with this level of profile, flexibility, and scale are tightly held in Wiri. With short-term lease arrangements in place and vacant office premises at the front, the property lends itself to repositioning, reconfiguration, or complete redevelopment.
“On the market for the first time in nearly 20 years, this is a chance to acquire a fully established premises with a proven history of performance in a location that’s only becoming more important to Auckland’s industrial distribution networks.”
Originally constructed circa 1987 and occupied by a single tenant for nearly four decades, the property has a well-proportioned layout comprising 1,022sqm of office and amenity space, a 619sqm warehouse accessed via roller doors off Earl Richardson Avenue, and an additional 87sqm (more or less) of mezzanine storage.
Approximately 675sqm of vacant land to the rear adds significant development upside, supported by the site’s Business – Light Industry zoning under the Auckland Unitary Plan, and 31 car parks. Lee says this allows for a wide range of uses, including manufacturing, storage, distribution, and logistics.
Bayleys Asian Markets national director, James Chan, says the property sits within the core of Wiri’s industrial precinct – a high-demand, centrally located node favoured by national and international occupiers for its superior connectivity.
“Major infrastructure projects and intensification in neighbouring Drury are transforming the wider region, reinforcing its role as a gateway for logistics and manufacturing.
“Nearby, international real estate developer LOGOS has developed a new 4.2ha state-of-the-art global logistics and data centre, anchored by a rollcall of prominent international occupiers from the world’s leading manufacturing and distribution sectors.
“This high-calibre development underscores the strategic value of the area and signals strong confidence in Wiri’s long-term potential as a premier destination for global supply chain operations and high-tech infrastructure investment.
“With direct links to the Southern and Southwestern Motorways, excellent proximity to Auckland Airport, and easy access to Manukau’s transport and retail amenities, this is a location geared for long-term significance.
“As regional centres like Drury evolve, and industrial vacancy tightens across prime precincts, well-positioned landholdings have become an increasingly strategic play. We expect to field strong interest from investors seeking to capture value through redevelopment, occupiers looking to control their premises, and those with a long-term view, attracted to the site’s underlying location value and upside potential.”