Landbank with immediate upside
521, & 652 Runciman Road, Drury, Papakura
Price On Application
- Proposed Usage
- Development Site
- Land Area
- 980000.00 m²
- Property ID
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521 & 652 Runciman Road, Drury represents a significant opportunity for land bankers and developers looking for a substantial investment in one of New Zealand’s fastest growing locations. On the market for the first time in over 20 years, Runciman Road sits on two titles across 97.5ha of farm land providing a solid holding income to its current owner.
Runciman Road is located just 40 kilometres south of the Auckland CBD, situated perfectly between State Highway 1 and State Highway 22 in the heart of Drury. This rare ‘countryside living zoned’ land has the potential for a luxurious 65 lot lifestyle development with elevated views of Rangitoto and the Auckland CBD to the north and the Bombay Hills towards the south.
In addition, one of New Zealand’s fastest growing townships in Pukekohe can be easily reached within a short 10 minute drive offering future residents the enjoyment of lifestyle living whilst providing everyday comfort through its’ nearby shops, restaurants, cafes and golf club.
The Auckland City Council has identified this area as a high growth area and made provisions for an additional 7000 houses to be built. In addition, the proposed Drury South Business Precinct is to be developed on the eastern boundary of State Highway 1 between the Great South Road and Ararimu Road interchanges, creating a further 6000 jobs in the Franklin District.