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Listing Description

Listed: Sat, 11 May

Best Development Property For Sale

68 Cemetery Road, Wainui, Silverdale, Rodney, Auckland

Asking price $35,000,000

Details

  •   27.66ha Land
AttributeValue
Property use
Mixed
Viewing instructions
By appointment only
Property ID#
IQY860

Description

More than 27 hectares of prime land adjacent to the International Wainui Golf Club, North Auckland first time on the market since 1962 is seriously for sale!!

The land is currently zoned Rural Production, with any change of usage requiring a private plan change through Auckland City Council. The family are expecting offers on $35M for this well-located property 30 minutes drive from downtown Auckland city. The family have a development plan displaying 65 sections available for viewing for serious buyers.

With the popular Wainui Golf Club on its boundary, and the Club being supportive of future residential lifestyle developments that supports membership growth, there is potential for an integrated development to emerge offering recreational benefits to eventual homeowners. The Family realise the landholding in Cemetery Road as having a sought-after rural-residential development credential, given the location fundamentals and a rezoning precedent, set by a neighbouring residential subdivisions. The Family are aware there is a demand for further residential land in this immediate area and while prospective purchasers will need to do their due diligence through Council and other avenues, there are identified paths to progress redevelopment of this superbly-located land. An in-depth report by consultants Terra Nova Planning was commissioned by the current landowners to provide conceptual guidance as to future development options. Recognising a large lot concept with up to 65 generous residential lots and associated reserve components. The neighbouring 18-hole championship golf course and its additional amenities means that the land could be of real interest to an overseas buyer keen to leverage off the lifestyle benefits that a golf course brings to the development table. Wainui Golf Club has indicated that they would be amenable to an integrated rural-lifestyle subdivision that would be attractive to its members and others keen on the golfing scene.


Map




spotboy1

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spotboy1

100% positive feedback( 71 )
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Member since Thursday, 1 July 2004

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