Press Release – Bayleys
The rejuvenation of Onehunga on the back of flexible usage zonings and the insatiable demand for housing, is underpinning the strength of the commercial property market in the accessible Auckland suburb.
Seasoned developers are scoping out opportunities in Onehunga, buoyed by the interest and speedy sell-down of several recent apartment complex developments and further backed up by plans for the significant urban regeneration of Onehunga by the Council-aligned entity, Panuku Development Auckland.
The demand for, and uptake of, space in the new Woollen Mills light industrial business park on the Penrose-Onehunga border also shows the appetite for industrial space in the area.
Tuesday, 25 May 2021, 9:22 am
The rejuvenation of Onehunga on the back of flexible
usage zonings and the insatiable demand for housing, is
underpinning the strength of the commercial property market
in the accessible Auckland suburb.
Seasoned developers are
scoping out opportunities in Onehunga, buoyed by the
interest and speedy sell-down of several recent apartment
complex developments and further backed up by plans for the
significant urban regeneration of Onehunga by the
Council-aligned entity, Panuku Development
Auckland.
The demand for, and uptake of, space in the
new Woollen Mills light industrial business park on the
Penrose-Onehunga border also shows the appetite for
Press Release – Bayleys The rejuvenation of Onehunga on the back of flexible usage zonings and the insatiable demand for housing, is underpinning the strength of the commercial property market in the accessible Auckland suburb.