Bedford says the site has easy access to the South-Western motorway, making the CBD about 20-minute drive away via the recently opened Waterview Tunnel and to the south: Auckland Airport is less than 10 minutes' drive.
"This site is tailormade for living, being within seven minutes walk to Mangere Bridge Village, with a great supply of cafes and local shops.
"The popular Mangere Bridge School only 500m away. There's no shortage of recreation opportunities either, with open green spaces around Mangere Mountain on the doorstep and walking tracks along the shores of the Manukau Harbour close by."
The site was believed to have previously been used for horticulture and quarrying, before being re-purposed for residential use in recent years.
There are 23 terraced houses built along with a landscaped community playground as part of the masterplan.
The remaining developable area is generally flat and spread over three lots, allowing a staged approach as needed.
Each lot is zoned mixed housing suburban allowing plenty of scope for medium to high density dwellings in a range of forms (apartments, detached and terrace houses).
• Lot 1 comprises 1.3108 ha of land located to the north of the completed first stage of the project and resource consent has been granted for a further 41 terraced style houses.
• Lot 2 is the largest development block at 1.5531ha and is immediately adjacent to Coronation Rd.
• Lot 3 lies to the south of the existing developed housing and offers a developable land area of 5881sq m.
Jonathan Ogg from CBRE says all three lots offer immense potential to make the most of planning to date, along with existing amenities and infrastructure delivered to the site.
"This is a spacious landscaped setting that offers multiple options and flexibility for an incoming investor or builder to hit the ground running and provide dwellings in a market starved of quality housing," says Og.
Two terraced style three-bedroom houses with 174sq m of land each are also included in the offering.
Ogg says the completed homes provide the opportunity to use one as a show suite and one as a site office for the ongoing development, or to dispose of them at the purchaser's discretion.
According to REINZ figures the average residential sale price in Mangere Bridge rose by 8.3 per cent in the year ended December 2016.
Bedford says with strong growth likely to continue there's much to like about the offering.
"Mortgagee sales of this calibre and potential are few and far between. Situated on a large site in such a high growth area, an incoming purchaser could take this opportunity and really make it their own."
