16.4 Acres Future Urban Land In The Heart Of Kumeu
6.63 hectares of gentle flat rectangular land (approximately 16.39 acres) with large frontage and dual access onto the property. This land has been earmarked as Future Urban zoned land and would be rezoned for future development in approximately 10 years. Based on the preliminary Auckland Unitary Plan, a new town centre has been identified at approximately 300m from the location, giving the land a favourable re-zoning outcome in the future, with the structural planning of the Future Urban zoned area expected to start around 2025.
Located in close proximity to Kumeu village, local amenities, and a block back from the Huapai Triangle (a residential special housing area anticipated to home over 1,200 dwellings once completed). Ever-increasing Auckland Council investment into the area will ensure 43 Motu Road, an attractive site today, will increase its value into the future.
On the property, there are three dwellings, a shed, and a sizeable grazing field with an on-site water bore that is a great asset to have which will generate great income while land banking.
Approximately 10 minutes to the North Shore, 20 minutes from Auckland CBD in normal traffic, and a short seven minutes from Westgate Shopping Centre, one of the largest urbanisation projects in New Zealand.
This is a once-in-a-lifetime land banking opportunity with huge upside for potential capital gain.
See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Listed Wed, 07 Sep
