A large-scale landholding in the emerging West Auckland suburb of Red Hills offers buyers the opportunity to secure a prime site that is set for intensive development.
257 Red Hills Road is a 12.8761ha site spread across two titles that sits within the wider Westgate area, which has established itself in the past five years as one of Auckland’s fastest-growing residential development locations.
The area’s favourable proximity to infrastructure and well-established local amenities have proven popular among new residents.
The subject site is currently zoned Residential – Single House Zone under the Auckland Unitary Plan but is set to further benefit from enhanced zoning under the proposed Medium Density Residential Standards, notified as Plan Change 78.
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The site enjoys a north-east-facing aspect with a falling contour from Red Hills Road to the east and a countryside outlook, as well as wide city views.
Red Hills is approximately 25 minutes from Auckland’s CBD and is served by motorway connections north, west, and south – a result of being well located on the Western Ring Route. The area lies to the west of the established Westgate commercial precinct, which includes the NorthWest Shopping centre, Mitre 10 Mega, Bunnings, and the new Costco.
The property is being marketed for sale by Colliers Directors Josh Coburn and Jimmy O’Brien and JLL Directors Euan Stratton and David Mayhew. They are taking expressions of interest with the deadline closing at 4pm on Thursday 1 December, unless sold prior.
Coburn, Director of Site Sales at Colliers, says the property is one of the most appealing large-scale sites that will be presented to the market this year.
“The site runs from west to east and enjoys approximately 242m of road frontage,” Coburn says.
“The property sits at the north-western extent of Red Hills within 600ha of residential zoned land encompassing schools, sports fields, reserves, local shopping, and dining amenity as well as some 20,000 homes, eventually.”
O’Brien, Director at Colliers Auckland North, says Red Hills is an area that has been targeted for substantial growth as part of the wider Westgate region.
“Following the formation of the Auckland super city in 2010, Westgate was identified as one of 10 metropolitan centres in the Auckland region and the subsequent Unitary Plan allowed the rezoning of surrounding areas, including Red Hills, Whenuapai, and Kumeu-Huapai, which massively increased the importance of Westgate as a retail and commercial centre,” O’Brien says.
“To date, public and private sector investment in the Westgate area is more than $1 billion. Well-known companies have already invested heavily in the area, including Kiwi Property Group, Costco, and AS Colour, among many others.”
Stratton, Senior Director of Logistics & Industrial at JLL, says Red Hills has benefitted from increased accessibility through improved infrastructure.
“Located approximately 20km from the CBD, the area has benefited from the extension of the Upper Harbour Highway, the widening of State Highway 16 from Lincoln Road to Westgate, and the completion of the Waterview Tunnel,” Stratton says.
“The property is a mere 10-minute drive to the two on-ramps to State Highway 16 and 18.”
Mayhew, Director of Industrial & Logistics at JLL, says when examining all the key factors, this property shapes up as an outstanding development opportunity.
“Sites of this scale represent significant growth potential and developers with an eye to the future will be able to deliver a project that will help shape this area for many years to come,” Mayhew says.
“With a continued demand for housing in Auckland, this site will generate strong interest in the market.”
- Article supplied by Colliers
