A golden opportunity to secure not only one, but two prime development sites in the rapidly growing Flat Bush area is here.
582 Redoubt Road consists of two blocks on the eastern side of Redoubt Road with uninterrupted views of the valley looking down and over the new Ormiston village.
As one of Auckland’s newest housing areas and identified as one of New Zealand’s most comprehensively planned urban developments, Flat Bush has seen substantial housing and infrastructure developments in recent years.
The two blocks feature a total of just over 11ha of land, ready to be subdivided into 17 sites, and with resource consent already approved.
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The southern block at 582 Redoubt Road is the larger site with a little over 8.5ha and plans to be split into 13 well sized lots.
The northern block, accessed through 642 Redoubt Road, is 2.65ha and will be divided into four lots.
All lots in both blocks will have an average size of 5396sq m.
JLL exclusively presents 582 Redoubt Road for sale by expressions of interest, closing at 4pm Thursday 16 December unless sold prior.
JLL Metro commercial sales broker Kevin Reardon says gems like this are few and far between.
“The property is situated in Redoubt Road that runs along the southwestern ridgeline of the Flat Bush suburb, offering unrivalled views in all directions. Moreover, there is an immense amount of residential and commercial developments happening closer to the centre of Flat Bush in what is known as Ormiston Town Centre,” says Reardon.
“582 Redoubt Road is a highly desirable development opportunity, sitting in a top-quality rural countryside living zone location. A property of this scale in such a desirable spot is extremely difficult to find.”
JLL capital markets director John Binning says 582 Redoubt Road offers potential purchasers the opportunity to start working on the subdivision immediately, with the current owners already going through the resource consent and planning process.
With housing supply extremely limited elsewhere in Auckland, Flat Bush is increasingly becoming a top choice for Aucklanders looking for their new home.
“In recent times there has already been an immense population growth in the area, and this trend is expected to continue well into the future, with there being a forecasted 213 per cent population growth between 2018 and 2043,” says Binning.
Residents in the area enjoy a variety of amenities including access to parks, retail, and shopping centres. The recently opened Ormiston Town Centre is only 10 minutes drive away, offering supermarkets, gyms, a cinema complex, food and beverage outlets, and a mix of health and beauty and speciality services.
Within a 10km radius, residents also have many school options to choose from including both private and public schools.
“Closely surrounding the town centre is a more intensified residential development consisting of smaller townhouses to accommodate the droves of families and young professionals looking to live in the area.
"Along with being its own established town centre, Flat Bush also enjoys being in close proximity to the Manukau City Centre, and Auckland City Centre is only 20 minutes away via the Southern Motorway which is only 6km from 582 Redoubt Road.
"Overall, 582 Redoubt Road is well placed for development supported by growth in the overall Flat Bush area."
- Article supplied by JLL
