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Rare Red Hills development opportunity

NZ_AucklandCBD_Communications_Rare Red Hills development opportunity

A large development site near one of Auckland’s fastest-growing residential areas presents prospective purchasers with the opportunity to secure a strategically positioned landholding for their next major project.

39 Red Hills Road is a 5.26ha freehold site inside the recently rezoned Red Hills residential catchment in West Auckland and is located next to Cardinal West, a new residential subdivision on its eastern boundary.

The property is zoned Residential – Mixed Housing Suburban Zone and is five minutes’ drive from the rapidly-developing area of Westgate that has experienced huge commercial and residential growth during the past five years.

Colliers Directors Josh Coburn and Craig Smith have been exclusively appointed to market the property for sale and are taking expressions of interest with a deadline of 4pm on Thursday 25 November, unless sold prior.

Coburn, Director of Site Sales at Colliers, says the property is a rare, zoned site of scale, which will be highly appealing for a wide range of buyers who will have the opportunity to create a significant development in this growing residential catchment.

“The site enjoys a north-facing aspect with a gently falling contour from Red Hills Road and a countryside outlook. The property, which has a modern three-bedroom house currently on the site, adjoins neighbouring Cardinal West where 450 homes are planned and construction is well underway,” Coburn says.

“There is a Significant Ecological Area (SEA) bisecting the property approximately 300m from Red Hills Road, providing some relief and native beauty.

“Land in this location has been scarcely available, and a recent surge in activity in the residential market will give both developers and land bankers confidence that this site is an attractive offering and superior to anything currently available in this highly sought-after location.”

Smith, Associate Director of Site Sales at Colliers, says the site location is approximately 20 minutes’ drive from Auckland’s CBD and lies on the western boundary of the established Westgate commercial precinct.

“Westgate provides a number of popular amenities, including the Northwest Mall, Mitre 10 Mega, the new Bunnings and will be the home of Costco, which is due to open next year,” Smith says.

“The property sits on the southern extent of the new suburb of Red Hills, which comprises some 600ha of residential zoned land encompassing schools, sports fields, reserves, local shopping and dining amenity as well as some 20,000 homes eventually.

“The area is well served by motorway connections north, west and south, which is a result of being well-located on the western ring route. Approximately 20km from the CBD, Red Hills benefits from the extension of the Upper Harbour Highway, the widening of State Highway 16 from Lincoln Road to Westgate, and the completion of the Waterview Tunnel. The property is a mere 10-minute drive to the two on-ramps to State Highway 16 and 18.”

Following the formation of the Auckland Super City in 2010, Westgate was identified as one of ten metropolitan centres in the Auckland region and the subsequent Unitary Plan allowed the rezoning of surrounding areas, including Red Hills, Whenuapai and Kumeū-Huapai, which massively increased the importance of Westgate as a retail and commercial centre. To date, public and private sector investment in the Westgate area is more than $1 billion.

Significant private and public transport projects are planned for the area in the coming years that will further improve the accessibility and connectivity of Auckland’s north-west.

Related Experts

Craig Smith

Associate Director | Investment Sales

Auckland West

Craig is a member of the West Auckland Investment Sales team. He specialises in the acquisition and disposal of office, retail, industrial and land assets.

Craig brings with him a strong talent for building rewarding and trusting relationships with his clients and property investors. It is this talent that allows Craig to foster exceptional relationships within the Auckland property market.

Craig joined Colliers in 2015 with five years agency experience in the West Auckland market where he worked as a broker for a large international agency. He relishes the opportunity to build on his past results and to continue his professional service to all of his clients.

Since beginning with Colliers, Craig has continued to exceed his clients expectations with his attention to detail, unrivalled local knowledge and relentless competitive spirit. With these key attributes, Craig has quickly established himself as one of the leading brokers of Colliers West Auckland.

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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 5 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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