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.
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)