Fernleigh Industrial Estate is a unique offering in the Auckland market where industrial land availability is traditionally low.
Colliers International's data shows there has only been four industrial land sales in the Franklin district since 2017.
The average price per sqm for vacant industrial land between 1,000 sqm - 5,000 sqm in Franklin is $394. While in Manukau, a more established industrial region, the average price for the same sized land is $515 per sqm, showing the growth potential.
Demographic data shows that the number of employees for industrial businesses in Waiuku has maintained a steady increase since 2017, and in 2019 the number of industrial businesses in the local area was 276.
The surrounding areas of Manukau and Papakura are well-established industrial zones with the number of businesses and employees continuing to increase, the latest Colliers’ data shows over 9,000 business and 60,000 employees.
Construction and manufacturing offer the greatest levels of employment in the area closely followed by transport, postal and warehousing, all activities that are permitted under the light industrial zoning of Fernleigh Industrial Estate.