Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


More residential development land to open up in Auckland

More residential development land to open up in Auckland


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.


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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Igniting The Spark: Bringing The Digital Enabler To Life

Changing a name is, relatively speaking, the easy part of a re-invention. Changing a culture, getting all the ducks in a row, turning yourself inside-out to become customer-inspired is a much bigger challenge. More>>

ALSO:

Ebola And NZ: Targeted Screening At Airport But Risk Low

The risk of any cases of Ebola in New Zealand remains very low, but health and border authorities are well prepared... anyone arriving in New Zealand who in the last three weeks has visited countries affected will be screened for symptoms of the disease. More>>

ALSO:

Scoop Business: Brewer Seeking Crowd-Funding Cancels Shareholders’ Dividends

Shareholders in Renaissance Brewing company, the first business to seek equity through crowd-funding in New Zealand, have cancelled their claim on $147,000 of accumulated earnings “to make Renaissance a more attractive investment opportunity.” More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news