Positioned within Christchurch’s highly sought-after inner-north residential corridor, this combined holding presents a large scale opportunity to deliver a well-designed townhouse or terrace-home development in an amenity-rich, growth-focused location.

The substantial 11,704 sq m landholding sits immediately adjacent to established Mike Greer Homes developments and directly north of the new Woolworths supermarket planned for the area, reinforcing the site’s suitability for contemporary medium-density living.

The property occupies a strategic position at the convergence of some of Christchurch’s most desirable suburbs:

• St Albans Village is just moments away, offering cafés, local retail and everyday services
• Merivale is easily accessible, providing premium shopping, dining and hospitality
• The Christchurch CBD lies a short commute to the south, supporting strong owner-occupier and investor demand

Excellent transport connectivity, nearby green spaces and everyday convenience make the location ideally suited to modern townhouse living.

Located within a well-regarded inner-north schooling catchment, the site benefits from access to a range of established primary and secondary schools. This enduring schooling appeal underpins long-term residential demand and makes the location particularly attractive to families, professionals and downsizers seeking quality medium-density housing.

Zoned Medium Residential (MRZ), the site offers exceptional flexibility for townhouse and terrace-home development, supporting efficient density while maintaining strong liveability outcomes.

Its scale, regularity and surrounding residential context allow for a cohesive, master-planned outcome that aligns with current buyer preferences for low-maintenance, well-located housing.

With immediate access to key amenities, strong education appeal and proximity to the CBD, 99 Packe Street & 512 Madras Street represent a compelling opportunity to deliver high-quality townhouses in one of Christchurch’s most resilient residential markets.

For sale by Deadline Private Treaty closing 4pm, Thu 12 March 2026 (unless sold prior). 

*Boundary lines are indicative only.

Features:

• Combined land holding of 11,704 sq m
• Excellent upcoming amenity with Woolworths Supermarket and associated retail planner next door
• Zoned Medium Density Residential
• Last remaining large scale site in this desirable location
• Dual access points
• Prime terraced home site
• Geotech and contamination reports available

More information: https://www.colliers.co.nz/p-NZL67038007