•Prime 53ha (more or less) on three titles
•Massive road frontage to Paerata Road
•Opposite the very successful housing development of Paerata Rise
•Opposite to Paerata’s new railway station one of three to be built for the area
•All developers, land bankers and investors this is a must view property
A substantial freehold land holding of 53ha (more or less) on three titles has been placed on the market for sale with very clear instructions to sell.
The property represents a significantly sized parcel of land that comes with a number of future development options.
Auckland Council has long identified Pukekohe and Paerata as a key growth node which is becoming Aucklands newest satellite city with a sustained pipeline of residential, commercial and industrial developments at various stages of completion.
Big players have heard the call, and the region boasts many significant developments including the Drury South Industrial Park, Kiwi Properties’ proposed new shopping centre, and Fisher & Paykel’s planned research and development centre and campus.
In addition to this, the land is opposite the Paerata rail station and accessway, which will provide vital public transport amenities to the community.
The site is located within an easy drive to what is proposed to be a future central commercial hub for Drury West and is intended to be the main centre of business activity and a platform for high-density residential development.
It sits amid one of the Auckland region’s most exciting growth hubs. Major housing developments, including the Paerata Rise lifestyle community between Karaka and Pukekohe and the Auranga development at Karaka’s Bremner Road, are set to cement the region as a desirable dormitory town.
Residents can commute to North Waikato or across Auckland, while a burgeoning local economy continues to provide local prosperity.”
Developers, investors and land bankers understand opportunities afforded by Auckland’s new urban limits, and there is significant money to be made by betting on large land holdings. Planned projects are indicative of growth, and the recent cooling of the property market is allowing buyers increasing scope to leverage land values to deliver housing initiatives.