Land ‘teed-up’ for developers
A large undeveloped chunk of land, which was once a Whitby golf course, is up for sale.
The 1.83 hectare site in Resolution Dr sits in the middle of the residential subdivision known as Banks, which will include about 200 new homes once construction is complete.
The block is zoned suburban and estate agents are saying it has the potential to become anything from a residential subdivision through to a retirement village.
The full 28-hectare Duck Creek Golf Course was bought by Todd Property in 2012 for a masterplanned community. It subdivided the land and sold 1.83 hectares to supermarket operator Foodstuffs.
However, earlier this year, Foodstuffs reviewed its property portfolio and decided its Resolution Dr property was surplus to requirements, with the existing New World Whitby needing to be redeveloped and refurbished.
Bayleys Wellington salesman Fraser Press, who is marketing the property with colleague Mark Hourigan, said the scope of the zoning would allow developers the option of creating a traditional residential subdivision, or a more intensively-built enclave reflected in retirement villages.
Hourigan said utilities, including water, storm-water, sewerage, gas, electricity and telecommunications cabling, were already installed to the road frontage of the property.