A large tract of residential development land in Auckland - with enough space to accommodate some 500 new dwellings and adjacent to Special Housing Area designations – has been placed on the market for sale.
The huge site in Kingseat just south of the city has been put up for sale just weeks after Building and Housing Minister Dr Nick Smith and Auckland mayor Len Brown announced the position of 14 new Special Housing Areas (SHAs) across the city.
The SHAs will provide more than 4500 new homes. With the addition of these two latest land parcels nearby to the Special Housing Areas, that number will swell to more than 5000. The ‘greenfield’ site is being marketed for sale through Bayleys Real Estate.
Bayleys’ national residential manager, Daniel Coulson, said a number of large-scale land-bankers in the city had been sitting on sizeable subdivision sites for some years now - waiting for the opportune moment to release their properties onto the market.
“The recent announcement of the latest round of Special Housing Areas seems to have been the catalyst to see this and other substantial sites come onto the market for sale,” Mr Coulson said.
“Some of the land-holdings coming onto the market have been owned for decades, and were once farm or agricultural countryside which has subsequently been enveloped as Auckland continues to grow outward.
“Other sites were purchased with a strategic ‘punt’ on the implementation of the Proposed Auckland Unitary Plan - which has seen land use zones change as the Auckland Housing Accord pushes for greater intensification of dwellings.”
The Auckland Housing Accord created in 2013 through a joint initiative by Auckland Council and the Government, established a platform for the creation of SHAs by Auckland Council with the approval of the Government. Qualifying developments in these areas can be streamlined and fast-tracked.
Mayor Brown said: “Housing has been a real focus for the council and our collaborative efforts have enabled many more homes to be made available for Auckland families.”
“This is the scale and momentum both the Government and Auckland Council are pushing for to address the city’s housing supply and affordability challenge.”
The 27.9 hectare site at McRobbie Road in Kingseat was last year rezoned from a rural to an urban classification. – enabling the area to be developed as part of a bigger 250 hectare satellite town housing up to 10,000 people.
The McRobbie Road property sits midway between the Bremner Road SHA in Drury, and other existing SHAs in Pukekohe and Glenbrook Peninsula.
Bayleys South Auckland manager Ben Bayley said an indicative masterplan for the site had been drawn up for the gently rolling contoured land – showing it could accommodate more than 500 residential dwellings in a variety of different densities.
“The tentative design for the land – which was adopted as part of Auckland Council’s plan to accommodate growth in the area – features high density terraced housing, standalone 450 square metre sections and four neighbourhood reserves,” Mr Bayley said.
“Development at lower densities has the potential to undermine the council’s objective of managing growth in a compact and constrained manner.”
The Kingseat block is being sold through a tender process running through until April 7.
For further information on McRobbie Road, contact Ben Bayley on 021 537 503.