Sector
Building & Infrastructure
Project size
15,871 sqm across two titles that enjoy dual road frontage to Great North Road and Racecourse Parade. The Town Centre zoning has a height variation control of 32.5m. Future access is proposed from south side of the site, as an extension of Crayford Street, which will accommodate a new community centre facility in the future at 1959-1969 Great North Road.
Looking for
Buyer of the freehold site to develop residential housing, including Homestar 6 design outcomes and pedestrian access to the adjacent community centre site.
Summary
Zoned Town centre, this is a fantastic residential and retail development opportunity. 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 and town centre zoning. 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.
Avondale is a popular and sought after city fringe location with great public transport and a growing population
Economic profile of Avondale
Avondale is in the Whau local board area of Auckland - a fast growing economic hub of the city.
A prime location in one of Auckland's most up and coming city fringe suburbs
The Auckland suburbs of Avondale, Northcote, and Birkenhead are the top three picks for families wanting affordability and proximity to the CBD. With a median house price of $800,000 and within 10 kilometres (km) of the CBD, Avondale is the most affordable and convenient place to live. 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