Owner-occupiers, developers, and investors, here is an opportunity to secure approximately 6.31ha (15 acres) of land located close to Kumeu Township. The property features 107-metre of road frontage, minimal flood-prone areas and three paddocks with an arena. The property is zoned Countryside Living under the Auckland Unitary Plan. This zoning allows as a permitted activity subdivision into 2ha (more or less) sites or investigate acquiring transferable rural site subdivision rights (TRSS) which allows for a minimum of approximately 0.8ha sites with an average of 1ha sites across the existing title.
The property improvements offer a renovated three-bedroom, two-bathroom home currently tenanted, producing $700 per week, the stables and land rented for $200 per week, a two-bedroom minor dwelling for $540 per week and finally a 260sqm (more or less) shed and workshop tenanted for $500 per week.
Kumeu is a growing suburb with substantial housing projects currently underway. A significant portion of land surrounding Kumeu and Huapai has been identified to support urban growth over the next 30-years cementing Kumeu as a thriving area with the population expected to grow.
Rarely do properties of this calibre come to market, we encourage you to register your interest.
Year | Median price | Growth | Sales count |
---|---|---|---|
2023 | $1,520,000 | -35.3% | 9 |
2022 | $2,350,000 | 29.8% | 8 |
2021 | $1,810,000 | 63.8% | 25 |
2020 | $1,105,000 | 13.9% | 21 |
2019 | $970,000 | -14.8% | 13 |
2018 | $1,138,500 | -33% | 18 |
2017 | $1,700,000 | -3.4% | 15 |
2016 | $1,760,000 | 76% | 20 |
2015 | $1,000,000 | -13% | 24 |
2014 | $1,150,000 | - | 22 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.09 km | 6 | 3 | 253m2 | Year 2024 Month 05 Day 03 | $1,475,000 | Council approved | ||
0.55 km | 2 | 1 | 82m2 | Year 2024 Month 04 Day 26 | $683,000 | Council approved | ||
0.23 km | 3 | 2 | -m2 | Year 2024 Month 03 Day 15 | $1,100,000 | Council approved | ||
0.08 km | 4 | 2 | -m2 | Year 2024 Month 03 Day 08 | $1,190,000 | Council approved | ||
0.05 km | 4 | 2 | -m2 | Year 2024 Month 02 Day 01 | $2,700,000 | Council approved |