10 Mills Road
Marshland, Christchurch City
Marshland, Christchurch City
SOLD
6 HECTARES OF RESIDENTIAL LIVING G LAND
An outstanding opportunity presents itself here for developers or land bankers alike. On offer is 6.05ha of prime sub dividable land located within 15 minutes commute of the Christchurch CBD. A freehold title zoned Living G.
The land is currently rented out on periodic tenancy for $65,000 a year. Great if you are a smaller developer looking to cover some holding costs.
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 10 Mills Road off 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.
I also have 16.7 hectares listed around the corner with the same zoning.
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 or investor to land bank this site with amazing future potential. Expressions of Interest sought, call me now to learn more of this exciting proposition or email me at billy.mccallum@raywhite.com for further information.
The land is currently rented out on periodic tenancy for $65,000 a year. Great if you are a smaller developer looking to cover some holding costs.
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 10 Mills Road off 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.
I also have 16.7 hectares listed around the corner with the same zoning.
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 or investor to land bank this site with amazing future potential. Expressions of Interest sought, call me now to learn more of this exciting proposition or email me at billy.mccallum@raywhite.com for further information.
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