Development options at Flat Bush holding
A substantial suburban landholding overlooking Auckland’s southern boundary has been placed on the market with potential for a new owner to look at subdividing or developing the site into more intensive land-use.
Overlooking the Manukau suburb of Flat Bush, the 4651sq m property comprises three lots, two of which have homes on them.
The feature dwelling on the block is a substantial nine-bedroom, sevenbathroom 840sq m four-storey homestead. The ground floor contains a pair of two-bedroom units which can be operated separately from the main home upstairs. The second home in the block is a five-bedroom, two-storey dwelling with separate entrance.
Situated at 156 and 158 Redoubt Rd and 49 Hilltop Rd, the property is zoned Residential Mixed Housing Suburban under the Auckland Council Plan.
The unified block is being marketed by Sotheby’s International Realty with a set sale date of October 3, unless sold prior.
Salesperson Markus Blum said the zone was the most widespread residential classification covering many established suburbs and some greenfields areas across Auckland, allowing for intensification of existing landholdings.
“The zone enables intensification while retaining a suburban built character. Development within the zone will generally be two-storey detached or attached housing in a variety of types and sizes to provide housing choice.
“Up to three dwellings are permitted as of right subject to compliance with the standards. This is to ensure a quality outcome for adjoining sites and the neighbourhood, while resource consent is required for four or more dwellings.
“The classification makes allowances for an integrated residential development such as a retirement village. Essentially, the zone is designed to enable a more efficient use of larger sites by providing for integrated residential development.
“A neighbouring site immediately next door is already undergoing such a residential intensification development at the moment to make more efficient use of its space, so the precedent has already been set for what can be done in this part of Flat Bush.”
Blum said the pair of existing dwellings would give any new owner substantial split-risk holding income – particularly with the larger dwelling having a separate two-bedroom flat on the ground floor and the second dwelling currently being rented – while development plans were drawn up and council consent applied for.
“The elevation of the Redoubt Rd block, sitting near the crest of a gentle incline, would deliver outstanding views across South Auckland looking back toward Auckland’s CBD on the horizon. The surrounding neighbourhood would sustain a high-quality development aimed at more discerning buyers looking for an alternative to standard ‘quarter acre’ residential options, leaning more towards a higher density configuration but still within the immediate locale.”