Develop or Occupy

This property presents a rare chance to secure a substantial 2,884 sqm (approx.) landholding in a prime central Timaru location, offering strong visibility, excellent access, and a wide range of future possibilities.

Occupying a high-profile position on State Highway One, close to other major retailers including Pak'n Save and the CBD, this property is perfectly placed for investors, developers, or owner-occupiers looking to unlock its full value. With generous site dimensions and excellent street presence, it offers a genuine add-value opportunityÃâ"whether through redevelopment or enhancement of the existing improvements.

The site's zoning is proposed to change to Commercial (LCZ - local centre zone), significantly broadening its long-term potential. This zoning change is expected to become operative once the local council's decision is released, prior to 22 March 2026.

Key Features:

• High-profile, centrally located site
• 2,884 sqm (approx.) land area
• Strong add-value potential
• Proposed Commercial LCZ zoning
• Close to transport links, established businesses, and key Timaru amenities

1 Hobbs Street offers scale, profile, and future flexibilityÃâ"an outstanding opportunity for those seeking a strategic, centrally located site with significant upside.