South Auckland development site expected to lure buyers
A large vacant site in Papatoetoe with potential for a new housing development is being taken to the market by Ray White Commercial Auckland.
The 3.95ha property, on four titles at 13-15 Glenmary Pl, 110 Station Rd and 18 Phoenix Pl, Auckland, is for sale by tender by Ray White brokers Leo Zhang and Finn Hurst, closing at 4pm on Thursday, September 19.
The site’s size and location in a growth area make it a significant offering, says Zhang. “The chance to acquire a site of this scale in suburban Auckland doesn’t come up very often, especially in a location like this which is subject to increasing demand for housing and where several councilled and private regeneration projects are underway,” he says.
“We’re expecting strong interest in this site from developers and land bankers keen to acquire nearly 4ha of land with huge potential for value growth.”
With residential-single house zoning and parkland along two boundaries, the site is a blank canvas for future development concepts, says Hurst.
“We’re expecting strong interest in this site from developers and land bankers”
“The site has excellent access from three street frontages and it also borders Kohuora Park, making it an attractive location for future residential development,” he says.
“While pre-application meetings have been held and early concept plans have been developed, it’s essentially a clean slate opportunity waiting for the right buyer with vision and flair to unlock its undoubted potential.”
The property contains established trees, with the adjacent Auckland Council-owned Kohuora Park adding significant amenity value and protecting sections of the property’s boundary from future development.
Regeneration of the surrounding suburban area is underway, says Zhang. “As is the case in many other suburbs of Auckland, we’re seeing Auckland Council and property developers pay more attention to the Papatoetoe area, with several new developments popping up including housing, commercial projects and retirement villages,” he says.
Council-owned Panuku Development Auckland and private property owners are also working to revitalise the old Papatoetoe town centre.“The pace of development in the area and demand for housing locally means this is a fantastic opportunity to construct a well positioned residential offering,” says Hurst.
Of the four titles, 13 and 15 Glenmary Pl make up just over 3ha of land, with the western and southern boundaries adjoining Kohuora Park. The two smaller titles, 110 Station Rd and 18 Phoenix Pl, make up the remainder and provide access to public transport links along Station Rd.