Spreydon Real Estate

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Canterbury Area
Canterbury Area
proudly marketed by
Ray White Commercial
Corner Site 2,112m2 of RMD Land
Fantastic opportunity to purchase a large corner site ripe for re-development close to Central Christchurch. Currently operating as backpackers accommodation. Well located only one block back from Fitzgerald Avenue, so a handy location to the Central City. 2,122m2 of Residential Medium Density zoned land in 3 titles with the potential of a holding income from four separate dwellings totalling 870.16m2*. Being sold in an "As is, Where is" condition. Versatile corner sites of this size and zoning are rarely available. Choose to either; - keep it running as a backpackers? - land bank it for future development with a possible holding income from the 4 dwellings or - redevelop this valuable corner site now. (* approx.) Call Paula Raine 027 221 4997 or Steven Illenberger 027 277 5007 for an information memorandum and to book your viewing. Sale: By Negotiation + GST (if any)
Upload by Douglas Brownlie
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