Comprising a substantial 9,097 sqm freehold landholding, 569 Marshland Road offers a rare opportunity to secure a well-established, income-producing residential investment with long-term underlying land value and flexible future potential.
Historically operated as a holiday park, the site has since been transitioned under an existing land-use consent to accommodate multiple residential dwellings. It is now improved with twelve self-contained units, each fully tenanted and providing reliable holding income. The dwellings offer a mix of one-, two- and three-bedroom configurations, well presented throughout and set within a mature, park-like environment featuring generous open space, established trees, and ample on-site parking.
The property is zoned Rural Urban Fringe under the Christchurch District Plan and is strategically positioned on the northern edge of the city’s suburban belt. It enjoys convenient access to key arterial routes linking to Christchurch CBD (approx. 6 km) and Christchurch Airport (approx. 12 km). The location benefits from close proximity to The Palms Shopping Centre and the expanding Homebase Retail Centre, a large-format retail hub currently progressing through its next stage of development. These ongoing retail and infrastructure investments enhance the wider area’s desirability and underpin the site’s long-term value.
The combination of Rural Urban Fringe zoning, existing residential consent, and substantial scale provides purchasers with an adaptable platform for future growth.
The property can continue to operate as a high-yielding residential investment or be considered for redevelopment or alternative land uses, subject to the relevant planning approvals.
The property is offered for sale by Auction: 10am, Wed 19 November 2025 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
- Substantial freehold landholding - 9,097 sqm
- Established income stream - $221,780 per annunm (gross)
- Flexible future potential
- Strategic city-fringe location
- Attractive park like environment
- Proximity to major local amenities
- Long term growth corridor
- Low-density, large-scale site
More information: https://www.colliers.co.nz/p-NZL67036871
