Seaside Development Site
6, & 8 Hillary Square & 6 George Lowe Place, Orewa, Rodney
- Proposed Usage
- Floor Area
- 1455.00 m²
- Land Area
- 3564.00 m²
- Property ID
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This premium redevelopment site, located at 6 & 8 Hillary Square and 6 George Lowe Place is only 300 meters from Orewa Beach and is situated in the heart of Orewa Town Centre.
The freehold site has a combined site area of 3,564m² (comprised of three separate titles) and is currently occupied by a range of low intensity commercial buildings and parking areas. The site is zoned ‘Town Centre’ under the Proposed Auckland Unitary Plan, allowing for mixed-use development, including apartments up to four storeys, or potentially higher, up to 18m, if the Independent Hearings Panel recommendations are accepted. The property, together with its neighbour on George Lowe Place, were designated an SHA under the 10th tranche in April 2016. Concept Plan are available from the dataroom.
The land is surrounded by retail and commercial shops and well established residential housing areas. It generates a substantial and flexible income from its current tenants allowing a buyer the opportunity to either develop or maintain a long term investment.