876 Waitakere Road, Kumeū, Rodney

Substantial landholding - crown divestment

Owner occupiers, developers, and investors, here is an opportunity to secure 9.68ha/24 acres (more or less) of land centrally located in the heart of Kumeu Township. Flat with a wide road frontage, minimal flood-prone areas and broken up into 14 tree-lined paddocks. The property is zoned Countryside Living under the Auckland Unitary Plan. This zoning allows as a permitted activity subdivision into 2ha sites or investigate acquiring transferable rural site subdivision rights (TRSS) which allows for a minimum of 0.8ha sites with an average of 1ha sites across the title.

The property is currently leased with a one-month notice to terminate producing a net rental of $31,000pa +GST. There are three main buildings providing a combined circa 840 sqm (more or less) of warehousing, storage and office space.

Kumeu is a growing suburb with substantial housing projects currently underway. A significant portion of land surrounding Kumeu and Huapai has been identified to support urban growth over the next 30 years cementing Kumeu as a thriving area with the population expected to grow.

Rarely do properties of this calibre come to market, we encourage you to register your interest.

Offers under the benchmark of $4,700,000 inclusive of GST (if any) previously offered to Ngati Whatua are not being sought by the vendor and will not be considered.

For sale by Tender closing 4:00 pm Tuesday the 27th of September 2022 (will not be sold prior)