Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Ruapehu Business Park, Stage 1 commercialisation set to go

Media Release

25.6.2018


These two vast swathes of ‘greenfield’ development land immediately adjacent to Palmerston North Airport have been placed on the market for sale or lease to sustain what will be a new commercial sector for the city.


Palmerston North Airport has engaged the services of Bayleys Real Estate to manage the commercialisation of Stage 1 land (Zones A & C) of Ruapehu Business Park.

The land is located directly across from the airport, on Airport Drive and Railway Road. Stage 1 is the first of a series of exciting new developments for Ruapehu Business Park.

Stage 1, with a land area of 6.5ha includes freehold options, land lease and design build options available to suit individual tenant requirements.

Zone A, less than one minute to the airport terminal, and is perfect for hospitality (motel site) and retail businesses (retail precinct) looking to locate to a vibrant environment to service the traffic travelling along Airport Drive, Airport users, and local residents.

The Park already includes Stage 1 of the new Massey University School of Aviation Training Facility. Zone A sites range in size between 2,000 square metres and 5,000 square metres with both freehold and leasehold options available. lease or sale.

Zone C, is located on the corner of Airport Drive and Railway Road, also less than 1 minute to the airport terminal, and 10 minutes from Palmerston North CBD. Zone C is an ideal site for light industrial businesses, including the agricultural sector, vehicle sales and the service industry, looking to locate themselves in a high profile area, adjacent to a busy traffic flow. Options for leasing include land only or land and building leases.

Two lots in Zone C have been placed on the market for sale by tender through Bayleys Palmerston North, with tenders closing at 4pm on June 28th, 2018. Salesperson Karl Cameron is managing the campaign.

A conceptual overlay plan for the site shows the two plots for sale are 2,720 and 2,900 square metres, while the eight leasable plots range in size from 1,610 square metres to 3,220 square metres in Zone C. The sections will be accessible from a small cul-de-sac coming off Airport Drive.

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

The Ruapehu Business Park precinct is classified as airport zone under Palmerston North City Council’s district plan. The classification 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.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Manawatu-Whanganui Projects: PGF Top-Up To Rural Broadband Roll-Out

The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. More>>

ALSO:

Other Windy Cities: Auckland-Chicago Named A Top 10 ‘Most Exciting’ New Route

The inclusion of Auckland-Chicago on Lonely Planet’s Where to fly in 2019? The 10 most exciting new flight routes list comes just two weeks before Air New Zealand prepares to celebrate its inaugural flight to Chicago’s O’Hare International Airport on 30 November. More>>

Deadly Strain: ESR Ups Its Reporting On Meningococcal Disease

The increasing number of cases of Group W Meningococcal disease (MenW) has prompted ESR to increase its reporting on the disease to the Ministry of Health. ESR has upped its reporting to weekly. More>>

ALSO:

Very Small Things: "Game-Changing" 3D Printing Technology Launched

New Zealand microfabrication researchers Andrea Bubendorfer and Andrew Best, the co-inventors of a new way of fabricating very small things with Laminated Resin Printing (LRP), are part of Callaghan Innovation’s MicroMaker3D team launching the new patent pending technology in the US this week. More>>

ALSO: