A large swathe of suburban land being considered for inclusion in the Tauranga Housing Accord has been placed on the market for sale.
The 20.95 hectare block in Ohauiti has been designated to accommodate between 130 - 180 dwellings on average section sizes ranging upwards from 500 square metres depending on the final density.
The land is broken into two parcels – referred to as ‘Area A’ and ‘Area B’. Area A is within the Ohauiti Urban Growth Area, and is zoned for residential development – meaning it could be subdivided without Special Housing Area status.
Meanwhile, Area B – currently zoned for rural use - has been identified as a Future Growth Area in the council’s Regional Housing Policy. The land is currently a three canopy hectare kiwifruit orchard and grazing.
A council report on the subdivision application to include ‘Area B’ within the Tauranga Hou¬¬sing Accord has already indicated at a positive outcome for the rezoning proposal.
The consultation document notes: “An initial assessment of effects on infrastructure has been undertaken - and investigations show there is sufficient capacity within the existing stormwater, wastewater, water, and transportation network to accommodate the demands of development.”
The Tauranga Housing Accord is an agreement between Tauranga City Council and the Government. The accord was established last year and allows for the opportunity to bring forward the timing of subdivision development provided that adequate infrastructure is implemented in conjunction with housing. Tauranga City Council called for public feedback on the Ohauiti land inclusion application last year. The filing of responses closed in November.
Tauranga City Council is scheduled to announce its rezoning decision for the land at a meeting on March 17.
The auction for the Ohauiti land takes place at Bayleys’ Tauranga offices a week later on March 25.
Bayleys Tauranga sales person Jeremy Pryor said that while the land could be subdivided into a small number of lifestyle blocks to take advantage of access to the Kaitemako River and a pristine waterfall, the land’s higher value lay in the subdivision of smaller residential sections.
“Existing plans for subdivision of the land show the retention of a greenbelt and stands of pine trees to underpin a semi-rural feel to the greater housing enclave,” Mr Pryor said.
“In addition, many of the proposed sections have northern-facing aspects enabling them to capture the afternoon sun.
“We expect interested parties will undertake due diligence between now and auction day. The obvious final piece of that due diligence will be basing land values on two possibilities from the council’s decision – one, that the two blocks of land are included in the Tauranga Housing Accord, and two, that the two blocks of land are excluded from the Tauranga Housing Accord.
“Those two scenarios will have markedly different end results for the housing density of the land, and therefore as a consequence, the assessment of the land value will be markedly different.”
For further information on the sale of 47 Adler Driver in Ohauiti, or images of the property, contact Jeremy Pryor. Telephone 027 280 2121.