5 Tarakihana Drive

Long Leases, Blue-Chip Tenants, Future Development

Colliers has been proudly appointed to market for sale 1, 3, 4 & 5 Tarakihana Drive, Mosgiel, Dunedin.

These premium investments offer to the market a rare chance to purchase one or more premium industrial assets supported by strong leases to substantial tenants, plus the opportunity to purchase a vacant site in a rapidly growing industrial area of Dunedin.

1 Tarakihana Drive is situated in a profile corner position fronting Dukes Road within the Taieri Business Park. Occupied by ASX-listed Vulcan Steel on a 12-year lease from May 2024, with further rights of renewal.

The Vulcan building is a near-new standalone industrial premises built for the tenant, who took occupancy in 2023. The building was then extended in 2024 to accommodate the growing business needs.

4 & 5 Tarakihana Drive are located within the Taieri Business Park and are anchored by 15-year leases to substantial tenant Rockgas.

Rockgas commissioned the new Dunedin facility, initially for their Tanker Parking Facility and later adding on their Regional Gas Depot on the adjoining site. The facility provides key infrastructure to supply the wider Otago region.

3 Tarakihana Drive is the last vacant lot available for sale within the Taieri Business Park. The site has a total land area of 5,579m² (more or less) with a total usable area of 4,212m² (approx). The site is titled and available for purchase, being one of few titled industrial sites available for purchase on the open market on the Taieri.

The North Taieri industrial area has experienced significant growth over the past decade, with the area evolving into one of Dunedin's main industrial locations. The area has attracted a host of major occupiers, including Fonterra, Placemakers, Design Windows, New Zealand Movers, TimPack, PGG Wrightson Wool, AB Equipment, Farmlands, Paynes Aluminum, Norwoods, Ewan Allan Honda, and many more.

Key Highlights:

New builds
Long leases to substantial tenants
Premium industrial assets
Rapidly developing industrial area
Individual/portfolio purchase options
Freehold tenure
Colliers is delighted to present these premium offerings to the market for sale by Deadline Private Treaty, closing 4 pm, Thursday 6th November 2025 (unless sold prior).

Contact the nominated broker for more information.