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Home / Business

Chance to land at Hobsonville Point

NZ Herald
6 Dec, 2014 01:04 AM3 mins to read

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The Landing at Hobsonville Point, an historic piece of Waitemata Harbour waterfront which served as the base for Sunderland flying boat air services to the Pacific, is one of four development lots within three precincts coming on to the market.

The waterfront property is part of Hobsonville Land Company's latest release of development precincts for which it is seeking partners.

Marketing of the four development parcels is being undertaken by Bayleys Real Estate through a registration of interest process that closes on February 18.

The precinct is a mix of aviation-related and World War II heritage buildings, along with open space. Most of the heritage buildings will need to be retained and reconfigured, but more than half of the land can be developed for new buildings, including medium-rise buildings up to 10 storeys.

Mike Bayley, managing director of Bayleys Real Estate, says development bids are welcome for any of the four parcels individually or in any combination for some or all of the neighbourhoods.

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"Each of the three precincts offers a different development opportunity but The Landing represents a harbour edge development opportunity of significant scale on the Waitemata waterfront," Bayley says.

"The Landing already attracts around 8000 visitors each weekend to the Hobsonville Point Farmers Market, and is the departure and arrival point for a commuter ferry service to the CBD from a new wharf.

"The site has consent for a 40-berth marina, which a developer may choose to take advantage of."

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Bayley says The Landing retains historic buildings and offers a very rare opportunity to build medium and high-density housing along with a mix of commercial, retail and hospitality buildings right on the edge of the harbour.

"The Landing is a 1.8ha waterfront site that will become the social hub of Hobsonville Point, with a mix of residential, retail, hospitality, niche commercial and community uses. The land is capable of accommodating a range of residential offerings and up to 8700sq m of other commercial and retail uses."

The three development precincts cover about 10.45ha and are being sold by Hobsonville Land Company Limited (HLC), the lead developer of Hobsonville Point.

The land parcels overlook the upper reaches of the Waitemata Harbour and the mixed-use residential and commercial precincts have the potential to create more than 500 new homes in total.

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In addition to The Landing, the other two precincts are Sunderland B and Sunderland C. Sunderland B is in two development lots comprising two adjoining development parcels of 1.79ha and 3.37ha totalling 5.16ha.

It is suited to medium-density residential development for between 118-245 new residential dwellings.

Sunderland C is a 3.49ha neighbourhood with zoning for medium to high-density housing. The precinct will be home to between 131-214 new dwellings along with up to 10,000sq m of commercial and retail development.

"Hobsonville Land Company is keen to partner with a suitable developer and can ensure a zoning that supports the purchaser's development intentions as well as the historic and character nature of the precinct," says Bayley.

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