Ray White Orewa - Platinum Realty Limited Licensed (REAA 2008)
Real Estate Services, Real Estate Agents
Ray White Orewa - Platinum Realty Limited Licensed (REAA 2008)
5 Tamariki Avenue
Orewa 0931
Orewa 0931
- Listing #:
- PLT31207
- Listed:
- 80 days ago
By Negotiation
Prime Location To Invest In!
10 Old Pine Valley Road, Dairy Flat, AucklandOther
-
- 4.5 Hectares Land Area
About this property
This is a prime opportunity that developers, land-bankers, and investors should consider.Currently, the property is zoned Future Urban Zone and is used as a rural residence with the land predominantly in garden and pasture.
However, it has significant and inevitable potential for a range of future development options, given:
• Under the proposed Spatial Land Use Strategy for Silverdale and Dairy Flat, this site is zoned future urban for THAB (Terrace Housing and Apartment Buildings) and/or High Density Residential Generally.
• The site is identified as part of, or adjacent to, a new local centre.
• The site is also subject to recent notices of requirement for designations by NZTA and Auckland Transport that reserve the southern part of the site for a rapid transit station, with a park and ride proposed for the land to the north east of the site. This reinforces the importance of the land as part of a new centre and transport hub.
• The site is also immediately adjacent to the existing Silverdale West Dairy Flat Industrial Area Structure Plan, which is programmed for development from 2030 onwards.
Located adjacent to:
* new subdivision of Milldale of 4500 planned homes
* 1km from the major arterial State Highway 1 for north and south travel with only 28km to central Auckland CBD
The bus network is superb with a brand new Hibiscus Coast station and Park n Ride within 1.5km of the property. For leisure activities the area offers Northern Arena Gym & Swim, Snowplanet for all-year skiing, and miles upon miles of glorious golden sand beaches on the Hibiscus Coast including Red Beach and Orewa.
While the latest Future Development Strategy potentially envisages development of the site until 2050, the above matters all support the earlier development of the site through a private plan change.
All in all, this is a prime strategic location and potentially a very smart investment.
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