Opportunity - Paerata Potential

Tender: Closes on Tuesday 28 November 2023 at 4:00PM (unless sold prior)

Located in one of the fastest growing areas of Auckland, this majority future urban zoning land is adjacent to existing residential properties and opposite the fast developing community of Paerata Rise. On the Northern boundary of Pukekohe township and the location being so close to schools, train station and local business and shopping centers.

The Pukekohe-Paerata Structure Plan 2019 will provide for 30 years of urban growth. The area will grow over time in stages. The structure plan staging follows the staging suggested in the council's Future Urban Land Supply Strategy 2017, which states that: Stage One will be the Paerata Future Urban zoned land which is scheduled to be development ready in the first half of Decade One (2018 to 2022). Overall the development of the Pukekohe-Paerata structure plan area over 30 years is estimated to provide about 12,517 houses/dwellings and 5018 jobs with a population of about 33,8093.

In Paerata the Future Urban Land Supply Strategy:

• Identifies the already live zoned Paerata Wesley College 326ha Special Housing Area as able to accommodate approximately 4550 dwellings
• Identifies the rest of the Paerata Future Urban Zone as able to provide 201ha of further land supply between 2018 and 2022, to accommodate approximately 1800 dwellings and a local centre.

Feature of this property:

• Construction of Paerata Train Station has started and is expected to be finished by 2025. This property is 500 meters from the station.
• Close to the expanding community of Paerata Rise.
• Local cafes, and supermarkets
• Close to ACG Strathallan and new build Paerata school.
• Just approx 5 minute drive to the Franklin townships of Pukekohe and approx 9 minute drive to SH1.

Stevensons, Kiwi Property, F&P Healthcare, Auranga, Paerata Rise and many more within the Franklin area that you know that this purchase is an opportunity not to miss. Call today to book a...