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3HA RESIDENTIAL DEVELOPMENT LAND WITH PRICELES...

221 Glenvar Road, Long Bay

Commercial Land
dollar

Negotiation

Floor area
1m2
Land area
3ha
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Property details

Listing # 83797 | Listed on 13 April 2022

3 hectares (7.41 acres) of land with breath-taking panoramic sea views looking across the Hauraki Gulf to Rangitoto. This site is right next to land being developed by the well-known developer TODD Property Group and has magnificent future subdivision potential.

The main part of this superb land is zoned for Residential Single House under the Auckland Unitary Plan and has potential for the subdivision of 27 lots (600m² per site, council consent required). Two concept plans have been placed before council with positive responses towards them.

Adjacent to the property are three plots of land belonging to the TODD Property Group. These plots are expected to be developed with the completion of Glenvar Ridge Road. Auckland Transport are currently building Glenvar Ridge Road. The road is being built through the land and council services are expected to come with the newly built road, enabling ease of developing this land. Subdivision action can be undertaken prior to the completion of the Glenvar Ridge Rd to enable pre-sale opportunities to the new owner.

Minutes away is the Long Bay development area which is also led by TODD Property Group. The entire development contains over 160ha and will produce approximately 2000 dwellings. Site work has commenced and the sections have been sold fast. The Long Bay village also being developed by TODD is anticipated to include 7634m² of commercial area, eateries, retail, a supermarket and more. In clear view is Long Bay Regional Park. The park, marine reserve and protected heritage zone is renowned for its beauty, walks, recreation and scenery.

Zoned for decile 10 schools Long Bay Primary and Long Bay College. Only 10 minutes drive to Albany and 25 minutes drive to downtown Auckland (off-peak).

Subdivide and cash in OR landbank for the future.

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