Waiwera coastal development block

3:36 PM Friday December 1, 2017 True Commercial

The headland block at 913 Hibiscus Coast Highway, near Waiwera. Photo / Supplied

A substantial 64-hectare block of land with plans for the creation of up to 55 lifestyle block sections has been placed on the market for sale.

The headland block at 913 Hibiscus Coast Highway near Waiwera just north of Auckland is opposite the waterfront Waiwera Hill Scenic Reserve, and just over the hill from the Waiwera thermal pools.

The hillside block at 913 Hibiscus Coast Highway is being marketed for sale by Bayleys Real Estate, with tenders closing on December 13.

Broker John Greenwood says the location has expansive views over the outer Hauraki Gulf and is used as a livestock grazing block.

He says initial engineering and site lay-out plans had been drawn up, which would see three entry points off the arterial route, and a network of new roads built to service potential properties in the enclave.

“The plans are indicative, and resource consent has not yet been applied for, so there is scope to look at other section configurations and density options,” he says.

“As an indication of end-use land values, an adjacent property was given Auckland Council approval earlier this year for the subdivision of 1ha lifestyle blocks which had been selling for more than $1m.

“The rolling contour provides a landscape of building sites and vistas.”

Greenwood says with the opening of the Silverdale to Puhoi motorway toll route in 2009, traffic volumes have eased considerably on the Hibiscus Coast Highway — making the road a lot quieter and ‘friendlier’ for those living off it.

“This new development site is about 4km north of Orewa, and when developed, will become the new lifestyle location for those wanting to move out of the Auckland suburbs.”