Sector
Building & Infrastructure
Project size
1.14 ha site located on the southern side of the Old Papatoetoe High Street. Conditions of sale include:
- Homestar 6 minimum rating on dwellings built
- 800sqm of dedicated public pedestrian accessways through the site
- Maximum of 30% social housing
- A road on the southern boundary
- Quality urban design outcomes including enhanced interfaces and connections with adjoining public realm.
Looking for
Purchaser of the freehold site to a develop the project including essential outcomes and design requirements.
Summary
This site is zoned Town Centre. The centres are typically located on main arterial roads, which provide good public transport access. The zone provides for a wide range of activities including commercial, leisure, residential, tourist, cultural, community and civic services, providing a focus for commercial activities and growth. Residential developers and retailers are invited to take this opportunity to build a centrally located community with great proximity to public transport. Make the most of its strategic location for residential and business. Provisions typically enable buildings up to four storeys high, enabling residential use at upper floors and retail at ground level.
Old Papatoetoe is being revitalised with a new urban renewal vision.
A prime location Auckland's Unlock Papatoetoe precinct
Panuku Development Auckland are leading the "Unlock Papatoetoe" urban regeneration project that delivers placemaking activities and developments within Papatoetoe to revitalise the suburb and restore its historic character.
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