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Consented 29-Lot Subdivision in Pokeno

Harcourts Karaka New Age Realty, (Licensed: REAA 2008)

Listed 31 Jul

61 Market Street, Pokeno, Franklin, Auckland

Price by negotiation

Land area2.76 hectares
Property typeBare land
Capital value (CV)$2,440,000
Property interior

Consented 29-Lot Subdivision in Pokeno

61 Market Street, Pokeno - Consented 29-Lot Subdivision with Upside Potential (Earthworks Consent Renewal Required)

A rare development opportunity in the heart of Pokeno, one of the North Waikato's fastest-growing residential growth areas. This 2.76ha site comes with substantial consenting and engineering work already completed for a 29-lot residential subdivision - significantly reducing the time and cost typically required to bring a project of this scale to market, while also presenting an opportunity to explore a higher-yielding scheme.

Key Highlights:

  • 29 consented residential lots with WRC resource consent history and WDC-approved engineering plans for roading and water reticulation
  • Two of three core consents remain live to 2054 (surface water diversion and stormwater discharge)
  • Earthworks consent requires renewal - a clear, known task rather than an unknown risk, backed by an already-approved technical foundation
  • Potential to reconsent for additional lots - the renewal process presents an opportunity to review yield and explore a revised subdivision layout with more lots, subject to further assessment and approval
  • Excellent connectivity - Close proximity to the Waikato Expressway (SH1), ideal for Auckland-Hamilton commuters
  • Walking distance to Woolworths Pokeno (formerly Countdown) - approx. 500m, everyday convenience right on the doorstep
  • Approx. 15 minutes to the emerging Drury Town Centre via the expressway, positioning future residents close to one of the region's major upcoming commercial and community hubs
  • Engineered water supply - full reticulation design approved by WDC, including watermains, valves, and hydrants to every lot
  • Consented stormwater management - purpose-built wetland swale system for water quality treatment and flow attenuation, to be vested with WDC
  • Single, well-designed access point off Great South Road via roundabout, with an internal loop road serving all lots
  • Currently the house is rented at $580 per week and fully compliant with Healthy Homes Standards

This presents a genuine opportunity for a developer to step into a project with the bulk of the planning and engineering already resolved, in one of the best-connected and most convenient growth locations in the region.

Deadline Sale by 27th of August by 4pm. Contact Sun Lim or Belinda Zhang for consent documentation, engineering plans, and further details.

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Location info

61 Market Street, Pokeno, Franklin, Auckland

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