McIvor farm sold to Auckland International Airport after 30-year standoff
Auckland International Airport's last rural neighbours have finally sold up after more than three decades of refusing purchase attempts.
The McIvor family has owned a parcel of land on George Bolt Memorial Drive, near the entranceway to the busy airport in Mangere, since 1951.
Once surrounded by dairy farms, it is now bordered by industrial buildings and a park and ride facility.
The airport's general manager of property, Mark Thomson, confirmed on Saturday that the airport had signed a sale and purchase agreement with the McIvor family.
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No sale price was disclosed, but the four-hectare property has a capital value of $10.25 million.
John McIvor told NZME that the farm had fetched a "reasonable" price.
"We weren't going to be pushed out in a hurry," he said.
"We didn't intend to, but they've been at us since 1986."
Thomson said the purchase was a "logical acquisition" for the airport.
"The land is on the corner of a key intersection at the entrance to Auckland Airport, where we already own the adjacent sites.
"Owning this site therefore affords us more flexibility to build the infrastructure and other developments that may be necessary to accommodate growth."
McIvor told NZME that he and his siblings would remain on the property until 2018, when they intended to buy land elsewhere.
That arrangement had "afforded a level of flexibility which reflects the good faith in which it was agreed", Thomson said.
It is understood that the front of the property will be used for widening George Bolt Memorial Drive, which is also known as State Highway 20A.