308 - 320 Richardson Road, Mt Roskill 6,151sqm of development land - THAB zoning

Available PropertyFiles:

  • /LIM Report/
    • LIM - 308 Richardson Road.pdf
    • LIM - 316 Richardson Road.pdf
    • LIM - 320 Richardson Road.pdf
  • /Title Interests/
    • Title Interest 6085230.1.pdf
    • Title Interest 9100029.1.pdf
    • Title Interest 9170712.3.pdf
    • Title Interest 9170712.4.pdf
    • Title Interest 9170712.5.pdf
    • Title Interest 9360844.1.pdf
    • Title Interest 9361023.1.pdf
    • Title Interest 9361023.2.pdf
    • Title Interest A243303.pdf
    • Title Interest A243304.pdf
    • Title Interest D120395A.1.pdf

Property Description

• 6,151sqm of freehold land - landbank or develop
• Favourable THAB zoning provides for high-density development options
• Holding income from 14 residential tenancies, returning circa $320,000pa
• Prime position in touching distance to the Southwestern Motorway
A unique opportunity offered to the market - landbank or develop. The property comprises a combined 6,151sqm of land (more or less) across three separate titles, with favourable THAB zoning - providing for high-intensity residential development options. Currently returning circa $320,000pa, the property offers the incoming owner the benefit of multiple income streams while planning and development works are undertaken.

Prime positioned on the corner of Richardson Road and Maioro Street - a high profile intersection next to the Southwestern Motorway (approx 200m away), the property benefits from its excellent location. Situated in close proximity is a range of current and future amenities including New World, Countdown, Stoddard Road's SOHO Hotel (under construction), and Goodman's Roma Road (Industrial) Estate (under development).

308-320 Richardson Road represents the last sizeable residential development site of its kind in this location.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Matt Lee

Matt Lee

Senior Broker, Asian Markets

09 375 8424   021 1515 505   matt.lee@bayleys.co.nz   All Listings

Matt Lee is a Senior Commercial Broker focused on Development, Commercial Sales and Leasing.

Joining the Real Estate Industry with Bayleys in 2013, Matt was quick to exhibit and develop strong Real Estate brokerage knowledge and skills, as a key part of Bayleys highly successful International Sales Team working closely with James Chan, Bayleys first salesperson to achieve $1 billion in transactions. Specialising in the Commercial sector, Matt was involved in a significant level of Standalone and Unit Title sales and leases all throughout the Auckland region, and in 2020 was promoted to the position of Senior Broker.

From 2021 to 2022, Matt focused on the Development and Project Marketing sector, heading up the Project Marketing Division for a global real estate brand, marketing and selling projects with a combined market value of over $500 million across New Zealand, from development sites, terrace housing, apartments through to sections, and leading a team of 15 specialised project marketing agents.

Returning home to Bayleys in August 2022, has developed a strong understanding of both the local and global markets. Together with Bayleys and their market-leading resources, Matt has his finger on the pulse of real estate property trends and developments, ensuring opportunities are maximised and clients’ assets and expectations are surpassed. A product of the highly regarded University of Auckland, Matt graduated with a conjoint Bachelor of Property and Bachelor of Commerce (with a double major in Marketing and Management) degree. Influenced by his Chinese heritage, Matt values integrity, respect, dedication, hard work and diligence, and he has that willingness to go that extra mile to ensure successful results for his clients.