Development opportunity – 682sqm of RMD land

Description

Auction (unless sold prior)
From 12pm, Tuesday 17th December 2024
3 Deans Avenue, Riccarton

After decades of ownership, this prime asset is now available for redevelopment. Located in the sought-after Christchurch Boys' High School (CBHS) and Christchurch Girls' High School (CGHS) zones, this property offers an unparalleled location close to key amenities such as Riccarton Mall, Hagley Park, Tower Junction, Addington Raceway and Events Centre, Wolfbrook Arena, and Orangetheory Stadium.

Key Features:
•Land Area: 682sqm of Residential Medium Density (RMD) zoned land
•Land Classification: TC2 (Technical Category 2)
•Government Valuation (GV): $870,000
•1km to Hagley Park and 2.5km to Christchurch CBD

This property is being sold on an "as is, where is" basis, with no earthquake repairs completed and no insurance claims to be transferred to the purchaser.

Seize this rare opportunity to develop in one of Christchurchs most desirable locations!

More info: https://www.propertyfiles.co.nz/property/5525772

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