Sector
Building & Infrastructure
Project size
This particular site is zoned as Future Urban Zone. This classification is applied to greenfield land that has been identified as suitable for urbanisation. It is a transitional zone where land may be used for a range of general rural activities but cannot be used for urban activities until the site is rezoned for urban purposes.
Looking for
Buyer of the freehold site to deliver a range of general rural activities while also applying for rezoning for urban purposes and then developing residential dwellings once urban re-zoning is achieved.
Summary
This particular site is zoned as Future Urban Zone. This classification is applied to greenfield land that has been identified as suitable for urbanisation. It is a transitional zone where land may be used for a range of general rural activities but cannot be used for urban activities until the site is rezoned for urban purposes. It is important to note that the objectives of Future Urban Zoning are:
(1) Land is used and developed to achieve the objectives of the Rural Production Zone until it has been rezoned for urban purposes.
(2) Rural activities and services are provided for to support the rural community until the land is rezoned for urban purposes.
(3) Future urban development is not compromised by premature subdivision, use or development.
(4) Urbanisation on sites zoned Future Urban Zone is avoided until the sites have been rezoned for urban purposes.
Kumeu is a growing West Auckland service centre town in the local board area of Rodney.
Economic profile of Rodney (the local board area of Kumeu)
Proportion of GDP by ANZSIC 1-digit industries, 2019
A prime location in one of Auckland region's growth areas
Rodney (the local board area in which Helensville is located ) is Auckland’s northernmost local board area with high levels of employment in sectors such as construction, healthcare and accommodation & food. The area is relatively prosperous with low levels of unemployment, however local employment opportunities are less likely to be in highly skilled jobs. The residential property market in Auckland continues to go from strength to strength despite the economic impacts of COVID19 and the public health response, with median house prices rising 16% to an all time high of $950,000 by July 2020. Auckland is still in need of 300,000+ dwellings by 2050 to fulfil current and forecast demand led by population growth. Recent migration levels are now being replaced by returning Kiwis.
Invest Auckland Specialist
To find out more about this opportunity please contact Aldrin Thayalakal