185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Wellington City

Land/Development
AUD $16,674,870
NZD $20,000,000
Published on: 08 Jul 2026
Last updated on: 10 Aug 2026
185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Franklin
185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Franklin
185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Franklin
+17
185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Franklin
  • 17
Property ID: 380066150216
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Key property information

Land Size
2,535,200.00 m2
Floor Area
0.00 m2

South Auckland's Premier Strategic Landbank

185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Franklin
Immediate Income · Unprecedented Future OptionalitySecure an approx. 253.52 ha (more or less), income-producing land portfolio at the centre of New Zealand's fastest-growing economic corridor. Spanning Karaka, Kingseat and Patumahoe, this institutional-scale holding lies within the Auckland-Hamilton-Tauranga Golden Triangle - a region generating over half of the nation's GDP and population growth.Income Today $235,851 net annual income (final expiry date 31 May 2027)Flexible holding structure minimises carrying costsOperational dairy platform providing immediate farming potential Future Potential Located near the Rural Urban Boundary (RUB). RUB settings remain in force and are subject to ongoing review. Any future change would require statutory plan processes and is not guaranteed.Positioned to capitalise on Auckland's evolving planning framework Confirmed infrastructure pipeline New rail stations at Drury Central, Drury West (Ngākoroa) and Paerātā are planned/under construction, with staged openings anticipated from 2026, subject to programme updates.A major health facility for Southern Auckland has been investigated; final scope, funding and delivery timing are the subject of Government and agency decisions.Six new schools proposed.Ongoing SH22 corridor upgrades and improved Southern access are signaled; scopes and timings are subject to programme updates.Proven growth corridor with sustained public & private investment driving long-term value Scale & Optionality Approx. 253.52 ha (more or less) across six freehold titlesAvailable individually or in one lineEnables staged strategies, diversified exit options and long-term portfolio positioning Why This Asset? Institutional scale within a nationally significant growth corridorInside the Golden Triangle, New Zealand's key economic engineReliable income during the holding periodLocated near the Rural Urban Boundary (RUB); any future planning changes would require statutory processes and are not guaranteedRare contiguous landbank with superior connectivityLocated in a catchment with robust population, infrastructure and educational growth Explore the Potential · Secure Your FutureSite Address: 83A Glenbrook Road Karaka Franklin District185-199 Glenbrook Road Karaka Franklin District383 Glenbrook Road Kingseat Franklin DistrictOstrich Road Patumahoe Franklin District68 Ostrich Road Karaka Franklin District Offered for sale by Deadline Private Treaty closing 4:00pm on Thursday, 27 November 2025, with all offers to be submitted in writing by the closing date (unless sold prior).For further information or to arrange a private inspection, please contact:Vivian Yuan - 027 3202 678 Mike Hoeft - 021 560 491

Property Details

Basic Info

Property Type
Land/Development
Land Size
2,535,200.00 m2
Address
185 to 199/383 Glenbrook Road, Ostrich Road Patumahoe & 68 Ostric, Karaka, Wellington City
Contact Agent
Vivian Yuan
Vivian Yuan
Mike Hoeft
Mike Hoeft
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      Property ID: 380066150216

      Original Property ID: 42906541
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