51 Alnwick Street, Warkworth, Rodney

Rare live-zoned development land in Warkworth

• 8.32 hectare (more or less) fee simple landholding located centrally in Warkworth
• Rare development opportunity boasting approximately 4.99 hectares of residential single house and 3.33 hectares of light industry land
• Set amongst a well-established residential suburb with a short walk to the supermarket and a medical centre
• Currently operating as Robertson Boats which includes access to the Mahurangi River

51 Alnwick Street is a unique opportunity to capture a centrally located residential & light industry development site in the centre of Warkworth.

This substantial 8.32-hectare property is in the heart of Warkworth's well-established residential suburb. Dual residential and light industry zoning with a boat building precinct overlay, provides a unique development opportunity.

The property includes wide river frontage to the Mahurangi River and good connectivity to walk and drive to the town centre.

The industrial land currently houses a boat building business, Robertson Boats, while the residential development land sits vacant. There are two settlement options with some short-term holding income guaranteed and potential for longer-term income from the sitting tenant.

Warkworth has become a popular North-Auckland suburb, experiencing compounding population growth which is expected to reach 25,000 residents by 2030. The growth is underpinned by the Puhoi to Warkworth motorway extension due for completion in 2022.

A court-ordered sale, the property will be sold at auction in March. We recommend immediate action for this unique offering.

For sale by auction at 11am on 16 March 2022 at Bayleys House, 30 Gaunt Street, Auckland 1010.