•30,098sqm (more or less)
•Fully tenanted returning $333,913pa + GST
•Established tenant open to three (3) rights of five (5) year lease arrangement
•Zoned Future Urban (proposed low and medium density residential)
This strategically positioned landholding presents a rare opportunity to secure a property slated for urbanisation while benefiting from a strong, existing income stream.
Set on Whenuapai's coastal edge, the property offers uninterrupted rural views northward toward Riverhead and Paremoremo, areas preserved as rural by Auckland Council. The site features approximately 3,910sqm of established greenhouses, a spacious four-bedroom, three-bathroom home with a private jetty, and flat land with excellent road frontage and access to town-supplied potable water.
Whenuapai is transitioning from a semi-rural area into a vibrant urban hub, as outlined in Auckland Council's Structure Plan. Over the next 10-20 years, substantial infrastructure investments, including improved transport links, enhanced public amenities, and high-decile schooling options, will transform the area. With plans for over 10,000 new homes and 8,000 jobs, Whenuapai is set to become a key growth area for Auckland.
The property's Future Urban zoning aligns with Auckland's strategic plans to accommodate the city's expanding population. Planned urbanisation and ongoing infrastructure upgrades make this a compelling investment, offering both immediate returns and significant long-term capital growth potential.
Located near the rapidly growing Northwest Auckland region, the property benefits from proximity to major amenities, including Westgate and NorthWest Shopping Centres, Costco, and an under-construction 24/7 Kmart. Enhanced by extensive infrastructure improvements, the area is becoming a thriving commercial and residential hub.
