Massey landholding spells green gold
An expansive greenfield residential development site for sale in Massey offers buyers a rare chance to help transform a key Auckland growth hotspot.
The 4ha freehold landholding with over 110m of frontage to Red Hills Rd is zoned for housing intensification, making it ripe for a new owner to subdivide and/or develop with a substantial residential project.
The site forms part of the Red Hills Housing Precinct, an area zoned to deliver a new community with an estimated 10,000 homes, a new town centre, substantial parks and new schools.
Considerable progress has already been made with the involvement of reputable housing companies and major developers and Auckland Council investment into infrastructure to support expansion.
Preliminary scheme plans have been drawn up to show a future realisation of more than 120 residential lots, mostly around 200sq m, at the site, subject to further reports and council consent.
A neighbouring property has already been snapped up by developers with work under way to create a 470-lot residential subdivision.
On the market for the first time in more than 50 years, the approximately 40,400sq m of freehold land at 53 Red Hills Rd, is being marketed through Wesley Gerber of Bayleys Northwest. Sale is by deadline private treaty closing on Thursday, October 26, unless sold earlier.
“This is a prominent site contouring to the north and overlooking the Northwest Shopping Centre and the Red Hills precinct,” said Gerber. “Further supporting future development is this location’s excellent transport connectivity. A new arterial road through the Red Hills precinct is in the process of being designated.
“The property lies close to the Northwest, Westgate and Hobsonville centres with handy access to a number of motorway onand off-ramps and interchanges.”
The land is currently zoned Residential– Mixed Housing Suburban under Auckland’s unitary plan. The council has proposed upping this to the more intensive Mixed Housing Urban designation.
Gerber said this would enable a greater intensity of development, with buildings typically up to three storeys in various shapes and forms including detached dwellings, terrace housing and low-rise apartments.
“Auckland Council has indicated its intention to significantly reduce greenfield growth through the city’s strategy for future development which focuses focus on brownfield intensification.
“This makes zoned greenfield sites that can be developed in the near future unique and desirable,” said Gerber.
Auckland’s Northwest Corridor is one of the region’s strongest growth areas and is undergoing a $1 billion transformation encompassing public amenities, schools and major transport upgrades.