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Mangawhai residential development opportunity

35 Molesworth Drive, Mangawhai

Commercial Land
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Listing # 1270250 | Listed on 13 April 2022

• Fee simple landholding of 2.96 hectares (more or less)

• Strategically positioned development site located on Molesworth Drive, Mangawhai's main thoroughfare

• Dual access from Molesworth Drive and Old Waipu Road

• Less than 500m from the Mangawhai Central town centre development

An opportunity to acquire a well-positioned residential development site in the highly popular coastal suburb, Mangawhai.

The property is a meaningful 2.96 hectares with dual access from Molesworth Drive, Mangawhai's main road, and Old Waipu Road. Supported by Residential zoning, the property's mostly flat contour is ideal for subdivisional development with the scale and intensity encouraged under the Kaipara District Plan.

This property is located in the heart of Mangawhai, set between Mangawhai Village and Mangawhai Heads and less than 500m away from a brand-new town centre development currently under construction. This nearby integrated development, named Mangawhai Central, includes a large format New World supermarket, a national brand hardware retailer, Mobil Service Station, and a range of retail and food & beverage.

Mangawhai itself is experiencing intense population growth reporting an expected 15,000 additional permanent residents by 2030. The onset of growth has exhausted the supply of residential sections in the area presenting a unique subdivision development opportunity.

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