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Landbank or Re-develop, the choice is yours. A strategic development opportunity in Upper Riccarton, this substantial 1,329 m² landholding across two freehold titles is an opportunity with various options available. Having previously had a Resource Consent granted for motels to be built, this path is one option to consider. Another is to adjust the internal boundaries to take advantage of the unused land for new buildings, or demolish the part of or the whole lot of the existing homes to plan a whole new residential development for the site. Whatever you choose, you can rent the existing homes short term or long term while you finalise your plans.

With an impressive 40.1 metres of street frontage, the property offers outstanding design flexibility. With TC2 land classification, Medium Density Residential zoning (MRZ) and great proportions across the site, the scene is set for a multitude of options to be created.

Two solid, fully insurable homes remain on the site, providing holding income or immediate accommodation while future plans are explored. Whether your strategy is to develop now or secure a premium landbank for the future, the versatility of this offering is undeniable.

With easy access into Upper Riccarton, the University of Canterbury, Riccarton and the Central City, the location offers convenience and accessibility. Even leaving Christchurch is quick and easy for those who travel. Excellent public transport links and major arterial routes ensure quick access to all these locations and the Christchurch Airport.

For viewings outside of scheduled open homes contact Sean Innes to make these arrangements.

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.