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Sections near provincial airport set to take off

Press Release – Bayleys

The remaining sections being developed as part of Gisbornes latest greenfield industrial park have been placed on the market for sale either as individual plots or multiple-sites.Remaining industrial hub sections near provincial airport set to take off

The remaining sections being developed as part of Gisborne’s latest ‘greenfield’ industrial park have been placed on the market for sale – either as individual plots or multiple-sites.

Aerodrome Business Park at Aerodrome Road immediately adjacent to Gisborne Airport is an 18.5-hectare development consisting of 28 building sites ranging in size from 3,360 square metres to 1.07 hectares. Some 15 sites within the Aerodrome Business Park have been sold already.

The sections are built around a central loop road. The greenfield precinct is zoned a mix of aviation commercial and rural industrial A land, and will effectively stretch Gisborne’s urban boundary to the west.

the building of airport support operations including freight and passengers; aviation, educational and training facilities; aircraft maintenance and repair premises; retailing; warehousing; fuel supply outlets; food and beverage and hospitality entities; car parking and storage; and air ambulance services.

The aviation commercial zoning allows for the building of airport support operations including freight and passengers; aviation, educational and training facilities; aircraft maintenance and repair premises; retailing; warehousing; fuel supply outlets; food and beverage and hospitality entities; car parking and storage; and air ambulance services.

Meanwhile, the rural industrial A land-use classification allows for retail activities of up to 400 square metres in floor space to service the surrounding industrial businesses and tenancies. The zoning allows for truck stops and refueling depots to be built.

Owner-occupier companies which have already bought sites within Aerodrome Business Park include a helicopter manufacturer, and earthworks business, two heavy machinery repairs and maintenance firms, a fuel supplier, and a trucking venture. Gisborne-based property development investors have purchased the remaining nine lots for build and lease options.

Now the remaining 13 sections within Aerodrome Business Park are being marketed for sale by tender through Bayleys Gisborne, with tenders closing at 4pm on March 6. The sections for sale range in size from 3,500 square metres up to 1.02 hectares and feature in Bayleys’ latest Total Property portfolio magazine.

Bayleys Gisborne salesperson Mike Florance said with many of the available Aerodrome Business Park sites adjacent to each other, the sections could be tendered for individually or in a multitude of configurations for businesses and developers seeking bigger footprints for the likes of logistics or freight forwarding warehousing.

“As a virtual ‘blank canvas’ development opportunities, these parcels of land offer total flexibility from a design and build aspect, as well as affordability from their location on the periphery of Gisborne’s current urban boundaries,” Mr Florance said.

“The location of these sites benefits not only from their proximity to Gisborne city centre just two kilometres away, but also directly across from the main entrance to the airport, as well as easily linking to the State Highway 35.

“The developer is also open to considering build and lease options for businesses looking to reposition to Aerodrome Business Park. The zoning gives wide scope for new or existing businesses to relocate and purpose-build from scratch to ensure a premium result is achieved that specifically addresses their needs.”

“Alternatively, as already identified by several purchasers, the Aerodrome Business Park sections could also appeal to developers seeking a top new build location.”

Infrastructure and utilities installation works the on freehold Aerodrome Business Park blocks is currently being undertaken and is ahead of schedule, with completion anticipated for the third quarter of this year.

Mr Florence said the Aerodrome Road site had historically been used for stock grazing and latterly a citrus orchard. He said the citrus trees were cut down several years ago and most recently the land has been used for maize and squash production – hence its rural proportional zoning.

“On the southern side of Aerordrome Road there are a number of established industrial activities – including transport and heavy vehicle depots which also contain associated workshops, warehousing storage, and administrative buildings,” he said.

“Most of the surrounding uses are primarily rural production in nature, although there is a Caltex diesel refueling station at the intersection of Awapuni Road along with a large timber mill.

“So the occupation of Aerodrome Business Park is a natural progression of this industrial activity already in place, leaving Gisborne town centre to continue as the city’s retail, foodservice, professional services, and office area.”

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