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One of the last major chunks of greenfield land with development potential north east of Warkworth has gone on the market via Bayleys.
The 55-hectare Paddison Farm in Matakana Road is bordered by Warkworth Golf Club, the Rodney Co-op Lime quarry off Sandspit Road and land surrounding Red Barn Antiques. It also sits opposite the Matakana link road and the current 600-home Warkworth Ridge development.
Around 45% of the land is currently designated as Future Urban, with the rest zoned Mixed Rural, but a private plan change to live zoning could potentially unlock the land for another significant residential development.
Bayleys says the site is the first significant undeveloped land after leaving the new motorway exit north of Warkworth, and finished homes would benefit from direct access onto the link road and SH 1.
Commercial director Chris Blair says Paddison Farm’s position offers an “unparalleled future residential development opportunity” and would be suitable for subdivision as medium density housing.
“A development of this type would support the Future Urban zoning mission statement of increasing capacity and the choice of housing locally, whilst promoting walkable neighbourhoods, fostering a sense of community and increasing the vitality of centres,” he says.
Paddison Farm is for sale by tender, which closes at 5pm on Wednesday, November 9, unless sold prior.
