Cheaper today, than it will be tomorrow. Situated just 1 block from The Cathedral Square and The Convention Centre (due for completion Q2 2020) and a short walk to the site that is proposed for the new Multi-Purpose Sports & Events Stadium, timing is ripe to secure this site for a suitable development. Zoned Central City Business Zone, this site has the maximum height restriction of 28m as of right and is well suited for either a hotel, apartments, mixed use development or you may have other plans in mind. With Fletcher Living's, One Central development of 900 homes accommodating 2000 people across the road and the redevelopment of Manchester St now completed, this location is thriving and vibrant once again with growth to continue with the allocation of Government & Council funding of the Multi-Purpose Sports & Events Stadium.
Totalling 1611m2, the four separate titles are to be sold together, but could possibly be sold separately as two lots of 1197m2 and 414m2
- 4 x titles (476m2, 5m2, 716m2 & 414m2) - Total of 1611m2 - May sell separately (as 1197m2 and 414m2)
With leases currently in place to Wilson's Car Parking (with a 1 month early termination clause) the income can cover your operating expenses whilst you finalise your plans.
Willing sellers of CBD blocks of this size are rare and this is a very real opportunity to secure some strategically located, prime land. With all of the development in the central CBD, the cheapest time to buy this land is most likely on auction day.
To download all information for this property please paste the following link into your browser, then supply yopur details and wait for the email from property files with the downloads available. http://www.propertyfiles.co.nz/property/CIC52728
Other attractions & facilities within a short walk include: - Convention Centre (under construction) - Cathedral Square - Multi Purpose Sports & Events Stadium (in planning) - Victoria Square - Riverside Farmers Market - Cashel St mall - the Terraces bars & restaurants - S.A.L.T. precinct (Innovation) - Margaret Mahy Childrens Playground - Central city library (Turanga) - New Regent Street bars & restaurants - Lady Isaac Theatre Royal - Music & Arts precinct - One Central residential development - Christchurch Art Gallery (Te Puna o Waiwhetu) - Arts Centre