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More residential development land to open up in Auckland
More residential development land to open up in Auckland
The latest residential
subdivision land for implementing the Government’s
Auckland Housing Accord to develop more homes has been
placed on the market for sale.
The enormous 61 hectare site in the Flat Bush suburb overlooking the soon to be built $500 million new Ormiston Town Centre is currently zoned to support 300 houses.
However, the Residential 4 zoning is under appeal, and if approved by Auckland City Council, will have potential to allow for the building a far greater number of homes.
The land – currently used for grazing sheep – is being marketed for sale through an international tender by Bayleys Auckland. Company principal David Bayley said the property’s subdivision would go some way to achieving the Auckland Housing Accord’s target of delivering a minimum of 6000 new sections onto the city’s constrained housing market in the immediate future.
“The Flat Bush Road site now up for sale is bigger than virtually all of the 11 residential development locations announced by the Government at the end of last year – and is second only in size to the 277 hectares set aside in rural Pukekohe,” Mr Bayley said.
Housing Minister Dr Smith said the Auckland Housing Accord residential subdivision projects represented the "start of getting real momentum into Auckland's residential construction market” and would qualify for the fast-tracking of development processes.
"Land supply is the most critical issue we must address to improve housing supply and affordability in Auckland,'' said Dr Smith.
At the launch of the Auckland Housing Accord last year, Auckland mayor Len Brown said the joint national government/local government initiative would provide: “an opportunity to bring forward projects that may have otherwise sat on the backburner.”
“This has certainly been the case with the decision to tender this latest offering to the market,” said Mr Bayley.
“By allowing this site to be part of the broader Flat Bush development jig-saw from its virtual ‘drawing board’ phase, a developer overseeing a project of this size and scale should be able to have some design input and consultation on the look and feel of the wider urban landscape,” Mr Bayley added.
The Flat Bush countryside of ‘greenfield’ subdivision land up for sale sits adjacent to two ‘Special Housing Area’ locations identified by the Auckland Housing Accord – with 37.8 hectares identified in Murphys Road, East Tamaki to accommodate up to 275 homes, and seven hectares in the same road drafted to accommodate 300 homes.
“Both of these adjacent locations will see a much more condensed housing density than this latest site so we see the trio offering home buyers far greater choice – ranging from compact through to what town planners call countryside transitional sizing,” said Mr Bayley.
“With what will be the dynamic growth of social infrastructure around Flat Bush over the coming decade, this newest subdivision to hit the market will piggy-back off the evolution of schools, retail locations, roading and community amenities.
“Some confidence has also been expressed that the proximity of this location to two of the ‘special housing areas’ will allow for a replication of the ‘fast track’ consent processes.
Essentially, that homes can be built quicker.”
Tenders for the Flat Bush site close on July 2. Mr Bayley said planning, design and consenting applications would take about 12 months to complete – helping to snowball the Housing Accord’s target figure of 39,000 new homes and sections consented between now and 2017.
"We must maintain momentum if we are to make a lasting change to the supply side of Auckland's housing market," said Dr Smith.
In 2012, Auckland Council signed a joint venture plan with Todd Property Group to develop Ormiston town centre to service the growing Flat Bush. The new town centre will witness the creation of a 19 hectare civic centre hub encompassing retail stores, commercial offices, medical facilities, restaurants and cafes, recreational space, and a proposed aquatic centre.
Population growth estimates forecast that Flat Bush will have a population of 40,000 people by 2016.
Caption: The latest vast block of Flat Bush land to be opened up for new housing in Auckland has been placed on the market for sale.
Ends
Bayleys Real Estate
New Zealand
Bayleys is New Zealand's largest full-service real estate company. We offer expertise in the marketing and sale of a wide range of property, including residential real estate, farms and lifestyle blocks, and commercial and industrial property. This includes tourism and business sales such as hotels and motels. We also cover the real estate markets in Fiji and other Pacific Islands.
Bayleys also provides a complete property and facilities service including property management and valuations teams focused on achieving both Owner and Tenant satisfaction.
No other real estate company can match our breadth of coverage across all market sectors throughout New Zealand.
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