An approved rural lifestyle subdivision now up for sale in Drury is the private equivalent of a shovel-ready project, with a lot of time and money already invested in getting the green light.
Drury, near the Auckland region’s southernmost border, is developing rapidly as the city council’s planning department recently said the Drury of the future will be the size and scope of today’s New Plymouth.
The 29.78 acre Lifestyle 2A elevated land holding in the Drury Hills Road-Ponga Road area has an existing resource permit for 27 lots of up to 10,000 m² (one hectare).
The property is held in multiple titles and as the priorities of the current owners have changed, there is an opportunity for a buyer to take advantage of the preparatory work that has already been completed and proceed with the division, which is centrally located in a high growth area.
Shane Snijder of Bayleys Pukekohe, along with colleagues Peter Sullivan and Kristina Liu, Bayleys Counties, is marketing the property until Thursday, July 8th at 4pm (unless sold beforehand).
Snijder said it was refreshing to see a proposed lifestyle-oriented subdivision where lot sizes are generous, meaning neighbors don’t live on top of each other, especially with so much talked about intensification of housing in the market today.
“The approved subdivision plans allow well-placed individual sites to maximize superb views of the greater Auckland area and maintain a high level of privacy – it is the opposite of the medium to high density developments that are emerging elsewhere in the region, although there is one There is very real need for these more affordable options, ”he said.
“Despite the development of extensive tracts of land in the Drury area in recent years, there are currently very few opportunities for such a scale development – and certainly not with existing schematic plans and division permits.
“The plot sizes could allow for spacious houses and a large shed for the boat, maybe a tennis court and a pool or simply an extensive lawn and gardens.”
The land holdings in question are sloping slightly to the northwest and are located above the proposed Mill Road corridor project which, as recently announced, is currently on hold.
Peter Sullivan said significant development work was underway in the Drury area.
“In the meantime, Kiwi Properties is trying to accelerate its proposed 51 acre masterplan-planned community around a new downtown Drury area, which will help further develop housing and create jobs in the area,” said Sullivan.
“Drury falls within the economically important Golden Triangle zone formed by the Auckland-Hamilton-Tauranga geographic area and will benefit from government investments in road and rail infrastructure that will further improve accessibility and attractiveness.
“Our sellers expect a successful outcome once the tenders are closed, and an early review of our extensive developer and builder databases suggests that there will be very strong interest in the land given the fundamentals of the region’s housing market.
“The lifestyle opportunity that this subdivision offers should resonate in the marketplace, especially in the wake of the pandemic where people are reevaluating where and how they live.”
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