Now the valuable brownfield site is being marketed for sale by private treaty through Bayleys Auckland, with offers closing at 4pm on March 21. It features in Bayleys' latest Total Propertyportfolio magazine.
Broker Graeme Sun says the land's Business Metropolitan-Centre zoning allows for theconstruction of a residential building up to 72.5m high.
It also allows for food and beverage, hospitality and child care spaces.
Sun says the zone is designed to encourage community interaction and commercial growth. "It contains hubs serving high-frequency transport, such as the nearby bus and rail links. Buildings in the zone must be designed to a high standard, enhancing central Henderson's streets and public open spaces.
"Buyers may purchase the previous sets of plans — which both conform to the council brief — albeit they would be free of any obligation to continue with what was mooted in either scheme.
"Fulfilment of a residential complex for Catherine St is at the forefront of hoped for regeneration in this part of the town centre, delivering on Council's vision for the wider precinct, as outlined in the Panuku Development Auckland's Unlock Henderson High Level Project Plan.
"This envisages an increase in housing and commercial density of Henderson town centre, while maintaining the suburb's high proportion of parks and open spaces. The plan seeks to use council properties with development potential to help act as catalysts for Henderson's regeneration and private investment, increasing the numbers of people who will live, work and shop in the centre."
Sun says depending on their configuration, apartments built on the land could have views to the Waitakere Ranges, or back towards Auckland City and the inner Waitemata.
Meanwhile, potential exists to formalise car parking leasing arrangements, with commuters, or the staff of adjacent businesses who park on the land.
