Portlink Update

Posted by on 11 April 2015

Portlink is a 30ha site that was bought as a rural block in 2006 and rezoned B4. The subdivision is currently being undertaken in 8 stages, with stages 1 to 4 now complete.

Stages 1 & 2 (approximately 9ha) have all either been leased or sold. Online Distribution are the most recent purchaser at Portlink, picking up the last site in Stage 2. Their new 4,000 sq metre facility is due for completion in early 2016. Online chose Portlink because of its proximity to Lyttelton Port and major arterial routes. Online handles 3,500 containers each year on behalf of its clients, and over two thirds of these come through Lyttelton.

Stages 3 & 4 have a net area of approximately 4ha and approximately 30% of these sites have been either leased or sold. G A Harris and Thule have recently taken occupation. A new warehouse facility will commence in the next few weeks for a local business. Site works have already commenced.

Since titles were issued in 2012 Portlink has developed over half of the total site. Key occupants include Kathmandu’s national distribution centre, EPL, NZET and Clavel.

Matt Currie, Chief Executive of property company Arcus Property, says the key points of difference for Portlink residents included the ability to tailor sites to suit the companies specific requirements; proximity to Lyttelton Port; access to major roading networks; competitive land prices; suitability of the ground conditions for the development of large format warehousing with shallow foundations (i.e. no requirement to pile); and clean contamination reports.