A former BP service station site on the Te Atatu Peninsula, proposed for development 6 years ago, was passed in at auction at Barfoot & Thompson yesterday. Sales agent Agnes Teh said negotiations were continuing for an unconditional purchase.
A Malaysian group, Duopharma Pacific Ltd, sought consent in 2008 to develop 61 apartments & 2 retail units in a 10-storey building on 1117m². The site up for sale yesterday has been enlarged to 3052m² and has consent for 36 apartments plus retail.
Te Atatu Peninsula
543 Te Atatu Rd:
Features: 3052m² development site, part of the Te Atatu Peninsula retail & commercial strip with city & harbour views, resource consents in place for 36 apartments & 443m² of retail with 62 parking spaces
Outcome: passed in, negotiations on unconditional purchase under way
Agents: David Palmer & Agnes Teh
Stories 25 May 2009: 8-storey Te Atatu building turned down
3 August 2008: Malaysian group plans 10-storey Te Atatu Peninsula development