A rare opportunity to secure one or both properties in a sought-after, city-edge location, superbly positioned just minutes from Christchurch Central, the Te Kaha Stadium, and a wide range of local amenities including shops, cafes, public transport, and schools.
Zoned High Density Residential (TC2 land), the two titles combine to form a substantial, contiguous landholding-ideal for developers, investors, or land bankers. Approved building consent is already in place for six townhouses, allowing you to move forward with confidence and significantly reduce lead-in time.
Currently improved with three dwellings, generating a combined rental income of $1,230 per week, providing excellent holding income while you plan for future development. Each dwelling has 2 bedrooms and 1 bathroom, so in total, the properties offer 6 bedrooms and 6 bathrooms, offering both immediate cash flow and long-term development potential.
Offering a premium location, strong future growth potential, and development-ready credentials, this is an outstanding opportunity not to be missed.

Please contact me for viewing information. To download property files follow this link:
https://www.propertyfiles.co.nz/property/CR56356

Contact us today for further information.