Ellerslie, Auckland

PHOTO: Ellerslie Racecourse

A 6.4 hectare land block at the corner of Ellerslie Racecourse is being sold for development.

Hundreds of new homes could be built in Ellerslie, Auckland on a 6.4-hectare block just launched by Auckland Racing Club.

Known as The Hill, the land was on the southeast corner of the Ellerslie Racecourse and would be subdivided by the rest of the club’s property.

The property marketed by CBRE was one of the largest parcels available for many years for Greenfield development in central Auckland.

CBRE executive president Brent McGregor said the size of the site, as well as its location between the sought-after suburbs of Ellerslie and Remuera, which were just 10 minutes from the Auckland CBD, would make it particularly attractive to developers.