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Zoned development opportunity in urban transition

A strategic landholding on Auckland’s northern growth corridor is being presented to the market, offering significant potential for large-scale residential development in line with the region’s accelerating urban growth, Bayleys brokers say.

Bayleys in the North commercial, industrial and development sales director Chris Blair is marketing the 25.57ha (more or less) freehold land parcel ‘Riverpoint Estate’ at 127 Woodcocks Road for sale by tender, closing at 4:00 pm on Thursday, 26th June 2025 (unless sold prior), alongside colleague Dianna Coman.

Blair says that favourable current classification as Future Urban – Residential 9UI means the site has been identified for Mixed Housing Urban and Mixed Housing Suburban zoning under the Warkworth Structure Plan 2019, presenting developers, long-term investors, and institutional buyers with a rewarding opportunity to unlock value through strategic planning and delivery.

“The site, held in three titles, benefits from an elevated north-facing aspect, easy contour, and extensive road frontage, creating a compelling canvas, further enhanced by proximity to essential transport infrastructure, key lifestyle amenities, and neighbouring projects by prominent residential developers.

“Positioned on the doorstep of one of Auckland’s most dynamic satellite towns, Riverpoint Estate is a true ‘urban edge’ opportunity. It is situated adjacent to land purchased by the Ministry of Education, within walking distance of the Stockyard Falls retail precinct, and close to the Summerset Retirement Village and Mahurangi College. In addition to backing onto Classic Group and NZ Super Fund’s Warkworth South mixed-use development, which is a marker of a fast-evolving urban node.

“The property also benefits from accessibility via the Auckland motorway extension, putting Auckland CBD within a 45-minute drive, and Matakana Village 15 minutes away,” he says.

Improvements on the site include a two-bedroom cottage, a 320sqm (more or less) high-stud barn/workshop, and an extensive open storage bay. Blair says these assets offer potential holding income or utility during the planning and development phase.

“With a natural boundary along the Mahurangi River, the land’s appeal is further heightened by scenic amenity and the ability to generate natural features into future subdivision design – a value-add increasingly favoured by today’s residential purchasers and planning frameworks.”

Blair says the landholding is offered to the market at a time Auckland’s housing pipeline remains under pressure, with fewer new projects reaching the build and completion phase. “Amid these market dynamics, large zoned or soon-to-be-zoned land parcels with scale and services are in short supply.

“Developers are pivoting towards opportunities where some heavy lifting is already underway. Riverpoint Estate, which combined future-ready zoning, strong locational fundamentals, and potential for master-planned delivery, stand out in the current environment as a long-term development play.

“While current wastewater servicing limitations impact immediate development timelines, the scale, zoning, and strategic location of this landholding present a compelling opportunity for future-focused investors to secure a foothold in Warkworth ahead of planned infrastructure upgrades.

“Warkworth is rapidly transforming from a rural service town to a highly connected lifestyle hub. With public sector investment, private sector development, and community infrastructure converging, Riverpoint Estate is ideally positioned for those looking to ride the next wave of growth in Auckland’s north.”

View more information on the listing

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