Section for Sale
- About this property
16.7 Hectares of Huge Development PotentialProperty ID MET24740A great opportunity presents itself here for developers or land bankers alike. On offer is 16.7ha of prime sub dividable land located within 15 minutes commute of the Christchurch CBD. The land is set over 3 separate freehold titles and is zoned Living G. This is serious once in a lifetime opportunity to purchase such a large block of land in a highly desirable sought after location.
The 3 sites are ranging in size as below;
The land is ready to go, with the Living G (Prestons) zoning enabling the land to be developed into mixed density residential allotments. Living G is designed to achieve a minimum density of 15 dwellings per hectare. Cera land zoning is Green Zone, the Christchurch City Council deem it fit for sections Density B (450m2 500m2) and Density C (600m2 650m2) categorized L1 land.
The site is at the top end of Hills Road near Prestons Road, with handy transport routes to multiple motorways. Bottle Lake Forest and Waitikiri golf course are nearby. A number of schools are close by, including the newly built school within the Prestons Development. The Palms shopping centre and Northlands Mall are all within 10 minutes.
With the prompt expansion of Prestons and neighbouring subdivisions, combined with the increasing land value in the area, this property provides a very rare opportunity for any developer to develop the entire site, develop in stages, or for an investor to land bank this site with amazing future potential. One thing is for sure, they are not making any more land. Expressions of Interest sought, call me now to learn more of this exciting proposition or email me at firstname.lastname@example.org for further information.