A former BP service station site on the Te Atatu Peninsula, proposed for development 6 years ago, has been sold to a local developer.
The site has resource consent for ground-floor retail & 36 apartments above. A Malaysian group, Duopharma Pacific Ltd, sought consent in 2008 to develop 61 apartments & 2 retail units in a 10-storey building on 1117m² of the site.
Te Atatu Peninsula
543 Te Atatu Rd:
Features: 3052m², decontaminated ex-petro station site
Outcome: sold to a local retail developer for $3.5 million at $1146/m²
Agents: David Palmer
Attribution: Agent release.