Bayleys news & articles

Big residential development opportunity in Mangere

Tags: Auckland Commercial Residential

A big block of vacant undeveloped land in Mangere Bridge is up for sale with approval in place to subdivide the site into over 50 residential sections.

The 1.6929ha site at 8 Kirkbride Road, which has an Auckland Council Special Housing Area designation, is up for sale by International Tender closing 4pm, Friday, July 1. Featured in Bayleys’ latest Total Property portfolio, it is being marketed by Owen Ding and James Chan of Bayleys International Division in conjunction with Ben Bayley of Bayleys South Auckland office.

“Resource consent has been granted by Auckland Council to subdivide the property into 51 lots,” says Owen Ding. “This encompasses approval for 27 standalone houses, 16 duplexes and eight terraced houses to provide a mix of housing types, matched to current shortages, including larger three-and-four bedroom homes.”

The property comprises a flat, regular shaped piece of land currently held in two titles located at the northern end of Kirkbride Road. “It is surrounded by a mix of long established homes and some new, good quality residential developments and offers an immediate opportunity for the next owner to activate the consent or possibly investigate other options.”

In preparation for its development, the current owner demolished a number of buildings on the property, levelled the site and obtained resource consent for the residential subdivision. “However, the vendor has decided not to proceed with the development to focus on other projects, which opens up a big opportunity for another developer given the increasing popularity of Mangere Bridge as a residential location and the current acute shortage of houses in Auckland,” says Owen Ding.

Ben Bayley says strong demand for a limited supply of houses in Mangere Bridge has resulted in the median house price almost doubling since 2012 to close to $900,000, according to QVNZ statistics.

“It’s now regarded as a very desirable place to live given its peninsula positon with the Manuka Harbour on one side and Ambury Regional Park on the other and the improvement in public amenities. The opening up of extensive walking and cycling tracks and Auckland Council’s beautification of the Onehunga foreshore area adjoining Mangere Bridge has greatly increased its appeal as a residential location for families in particular.”

The Kirkbride Road property is a short walk away from Mangere Lagoon, which occupies a volcanic crater and was restored to a tidal lagoon in the early 2000s and is now a haven for birdlife with a 7km walkway around it, as well as Mangere Domain. This has a walking track to the top of Mangere Mountain, characterised by its deep volcanic cone and terraces.

Ben Bayley says Mangere Bridge is close to Auckland Airport without being on its flight path as well as the State Highway 20 south western motorway, with the Waterview connection now under construction set to improve access to the Auckland CBD on completion.

“Mangere has retained its village like atmosphere, which is also part of its appeal, and is well serviced by a thriving shopping centre offering essential services such as supermarket, bank, pharmacy as well several cafes and takeaways. There is also library, preschool and three excellent primary schools.”

Related articles