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Strategic waterfront property positioned to catch urban rising tide

A rare waterfront landholding in Whenuapai, offering both substantial holding income and prime future development potential is now available for sale amid growing investor interest in high-growth corridors. Positioned in an Auckland Council-designated ‘Investment Priority Area,’ the site presents a ground-floor opportunity to secure a strategic asset ahead of the next property upswing.

Bayleys Northwest Land Development Sales associate director Wesley Gerber is marketing the 3.01ha (more or less) freehold property at 26 Bristol Road for sale by deadline, closing at 4:00 pm on Thursday, 13th March 2025 (unless sold prior), alongside colleague Beterly Pan.

Gerber says large landholdings in Whenuapai are tightly held, with this property offering a rare combination of strong rental income and future rezoning potential.

“The property currently delivers an annual return of $333,913 plus GST from an established tenant, who is open to multiple lease extensions. This provides investors with immediate cash flow benefits while positioning them for the potential of long-term capital growth.

“The real upside lies in its Future Urban zoning, which aligns with Auckland’s long-term urbanisation strategy. With the city’s population expected to grow by more than 400,000 people by 2054, housing demand will necessitate expansion into well-connected greenfield areas like Whenuapai.”

“Structure plans already indicate a transition to a mix of low-and-medium density housing, reinforcing the property’s development potential. As the local government continues to prioritise urban intensification, properties like this will be instrumental in Auckland’s ability to accommodate sustained population growth,” Gerber says.

The site sustains 3,910sqm (more or less) of improvements including a four-bedroom, three-bathroom home and established greenhouse infrastructure. Road frontage, town-supplied water access, and connectivity to key transport routes further enhance its long-term desirability.

Bayleys Northwest Investment Sales and Leasing broker Beterly Pan highlights the scale of investment driving Whenuapai’s transformation into a metropolitan area.

“Significant public and private sector investment is being poured into the area, with the construction of a new town centre set to introduce additional retail, hospitality and community services. This is complemented by a proposed park-and-ride facility and rapid transit hub, which will enhance connectivity to the Auckland CBD and surrounding employment precincts.

“Additionally, private plan changes and live-zoned developments are reshaping the local landscape, solidifying Whenuapai’s position as a key growth corridor. With a direct access to major arterial routes, including the State Highway 16/18 interchange, the area is becoming an increasingly desirable destination for both residential and commercial expansion.”

With favourable zoning, strong holding income and proximity to major infrastructure, Bayleys sales experts say this property offers investors an opportunity to secure a high-potential asset before Auckland’s next wave of urbanisation gains momentum.

“Waterfront sites with this mix of immediate returns and long-term development potential are extremely rare to find,” Pan says. “Whether the strategy is to hold and collect income, or prepare for transformation, 26 Bristol Road provides a foothold in one of Auckland’s most dynamic growth areas. Growth here isn’t a matter of if – it’s a matter of when.”

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