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Former golf course land teed-up as ‘par-fect’ for developers
Media Release
4.10.2016
Former golf course land teed-up
as
‘par-fect’ for eagle-eyed
developers
A large chunk of what was once the Duck Creek Golf Course in Whitby, Porirua has been placed on the market for sale - with future use options mooted as anything from a residential subdivision through to a retirement village.
The flat development site is located in Resolution Drive and sits the middle of the residential subdivision known as Banks - which will comprise some 200 new homes when fully complete.
The 1.83 hectare block of suburban-zoned freehold land is being marketed for sale through a tender process closing on October 26, and being run by Bayleys Wellington salespeople Fraser Press and Mark Hourigan.
Permitted activities under Porirua Council’s suburban zone classification include residential dwellings of various configurations and densities – ranging from stand-alone homes through to terraced units.
Mr Press said the scope of the zoning would allow developers the option of creating either a traditional residential subdivision of potentially up to 30 sections in keeping with the surrounding neighbourhood, or a more intensively-built enclave reflected in retirement villages.
“Developers would have to look a ‘fairway’ before finding similar opportunities in the Greater Wellington area,” Mr Press said.
“On the western boundary of the land is the Porirua Council-owned Adventure Park reserve - separated from the site by a row of mature trees which could be either kept as they are or trimmed to create a ‘green horizon’ vista across the open fields.”
Mr Hourigan said utilities including water, storm-water, sewerage, gas, electricity and telecommunications cabling were already installed to the road frontage of the property – teeing up the site perfectly for its next phase.
“The quality of dwellings being built throughout surrounding Banks subdivision has underpinned the value of this property,” Mr Hourigan said.
“That value is simultaneously enhanced by the location’s ‘green’ nature – with a mature tree line on one side and a babbling creek on the other.”
Todd Property purchased the 28 hectare Whitby Golf Course in 2012 for a master-planned community. The land was duly subdivided, and the site now for sale in Resolution Drive was sold to supermarket operator Foodstuffs, which following a review of its property portfolio has decided it is surplus to requirements, with the existing New World Whitby to be redeveloped and refurbished.
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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