Central Avondale site for sale with housing plans in place

15 Highbury St  hero

A central Avondale development site with superb proximity to transport and amenity is for sale with plans in place for 33 terraced and standalone houses.

Located near the junction of several key arterial routes, the property at 15 Highbury Street provides 6,703sq m of flat freehold land in one of the fastest-growing suburbs on Auckland’s western city fringe.

The site will be sold subject to resource consent for a change of use permitting residential development, which is expected to be issued imminently.

Colliers International has been exclusively appointed to market the property for sale by way of expressions of interest closing at 4pm on Thursday 23 July, unless it is sold earlier.

Josh Coburn, Site Sales Director at Colliers, says it is an opportunity for a new owner to benefit from the vendor’s extensive planning work.

“The vendors have designed and submitted a well-considered, attractive masterplan featuring a combination of two- and four-bedroom dwellings, ranging in size from 83sq m to 146sq m.

“The masterplan comprises 13 two-bedroom terraces, 17 four-bedroom terraces, three standalone four-bedroom houses, and 53 on-site car parks.

“The attractive houses are to be constructed in a character style using white brick, weatherboard and concrete tile roofs, set amongst a generously landscaped environment.

“A new owner can either develop the site as consented or explore potential amendments with a qualified planner.”

Blair Peterken, Capital Markets Director at Colliers, says the property’s location is key to its appeal as a development site.

“Located at the heart of Avondale, the property offers excellent transport links and access to local amenity.

“The site is positioned between Highbury Street and Victor Street, offering easy access to the junction of Great North Road, Ash Street and Rosebank Road.

“A pedestrian connection to Highbury Street and vehicle access from Victor Street aid the site’s integration into the Avondale landscape.

“The Avondale town centre, library and train station are all within a 10-minute walk, while the Northwestern Motorway interchange is only 3km to the north, putting the CBD within 20 minutes’ drive.”

Caroline Cornish, West Auckland Broker at Colliers, says Avondale is currently undergoing a significant transformation.

“Avondale has benefited from substantial public infrastructure investment, including the electrification of the Western Rail Line and the completion of the nearby Waterview Connection.

“The suburb has also attracted significant private development, with a number of new terrace housing and apartment developments either completed or underway.

“With all this activity, along with the suburb’s more affordable housing, many young professionals and families have moved to the area in recent years.”

A thorough suite of planning documents, submitted to Auckland Council as part of the resource consent application, will be provided to purchasers along with information required to assess any desired amendments to the consent.

All potential buyers are encouraged to discuss their plans with a qualified planner.

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Josh Coburn

Director | Site Sales

Auckland West

Tenacious, personable and driven, Josh Coburn draws on 16 years' experience in New Zealand's property sector in his role as Director of Site Sales at Colliers International. His key focus and passion are delivering quality development opportunities to the market and acting as a partner in the development process to see projects come to fruition.

Futhermore, Josh is the General Manager of Collier's West Auckland Business, overseeing 7 brokers in a rapidly emerging Metropolitan market.

Josh re-joined Colliers International in 2015 after four years working as the Development Manager for Haydn & Rollett Construction - a role in which he focused on development of commercial and industrial properties joint ventures, and commercial-scale residential opportunities.

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Blair Peterken

Director | Capital Markets

Auckland CBD

After more than a decade in Australia’s highly competitive commercial property sector, Blair joined Colliers International NZ as Director in the Capital Markets team in April 2017.

Specialising in the sale of larger commercial assets and mixed-use sites around New Zealand, Blair brings a high level of energy and diligence to the industry. His extensive knowledge and educational background ensures he is well-equipped in progressing and developing the Capital Markets team.

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Previous Experience

From 2014 – 2017, Blair was Director and Head of JLL’s South Sydney office where under his leadership, the company  grew from third to first in the South Sydney market in both leasing and sales. In 2015 he was the company’s highest fee earner across the Australian industrial business. Blair specialised in the sale and leasing of larger industrial and commercial assets including mixed-use development sites within the South Sydney market.

Prior to this he was Head of Industrial, South Sydney at CBRE. While at CBRE, Blair won the prestigious Circle of Excellence Award twice for his performances and was highest fee writer in the South Sydney office in 2012 and 2013.

Peterken’s top transaction while in Sydney  was the 2014 sale of a 4.9ha business park in Rosebery, South Sydney to Meriton Group  for A$190,000,000

His two biggest leases were the single largest leasing transactions in South Sydney in their respective years. In 2011, he leased a Goodman-developed, 12,400sq m warehouse and office in Mascot to logistics company Toll, and last year, he leased a Meriton-owned 22,000sq m site in Pagewood to WSI Logistics.

 

A selection of notable sale transactions:

  • Sale of St Kentigern Girls School, Remuera - $40,000,000 +
  • The General  Buildings, 29-33 Shortland Street, Auckland - $42,000,000
  • 110 Symonds Street, Auckland - $38,500,000
  • 1-55 Rothschild Ave, Rosebery - $190,000,000
  • Central Park Business Park,  Greenlane - $209,000,000
  • Bunnings Hamilton South - $25,100,000
  • The Warehouse, Blenheim - $16,380,000
  • NZI Centre, Auckland - $63,000,000
  • Royal Heights Shopping Centre, Auckland - $17,000,000
  • 75 Karangahape Road, Auckland - $23,300,000
  • 5 Nelson Street, Auckland - $9,000,000
  • 66-80 Broadway, Newmarket - $65,000,000

 

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Caroline Cornish

Broker

Auckland West

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