New Lynn block ready to build on
Brokers say a unique 1,763sq m development site at 52 Delta Ave, New Lynn, is on the market for the first time in 14 years.
Deborah Dowling and Brad Visser of CBRE, say the flat freehold site — which is bare of any structures — will be sold by a deadline private treaty process, closing April 10 at 4.00 pm (unless sold earlier).
Dowling describes it as the largest development site of its type in the “desirable and quiet neighbourhood”. It benefits from high-density zoning and has the advantage of being close to a thriving town centre.
“With New Lynn becoming highly sought-after with strong growth and an influx of young families, this bare land parcel provides the perfect opportunity for any astute developer or land banker looking to take advantage of the area’s demographic transformation.
“This site is in an area earmarked for high density development; it offers a range of options for developers, with scope for a master planned, mixed use project.
“Rectangular in shape and development-ready, it has a generous 32-metre frontage to Delta Ave, ensuring ease of access and high profile to the street. It should also be noted that this property sits within a useful ‘Terrace Housing and Apartment Building zone, under the Auckland Unitary Plan,” Dowling adds.
She says this provides for the greatest density, height and scale of development of all the residential zones.
Buildings are allowed up to five, six or seven-storeys in identified Height Variation Control areas, to achieve a transition in height from the centre to lower scale residential zones. “A market-driven architectural scheme plan has been developed (subject to council consents), providing an indication of what’s possible on the site.
“This property is just 300m to New Lynn Train Station and the wide range of shops and entertainment/ cinema options at Lynn Mall and restaurant precinct, ‘The Brickworks’.
“With four primary schools within five-minutes-drive in addition to multiple childcare and medical centres nearby, the property benefits from well-established local amenities and commercial redevelopment that continues to transform the area.”
Dowling describes transport services in the area as excellent.