40 Rhodes Road

Tai Tapu Canterbury

10.95 ha.

Rural

Currently for sale - view listing

Overview

Secure income with future land potential

An opportunity to acquire approximately 11 hectares of freehold land in one of Selwyn's most desirable rural locations, offering both secure income and future lifestyle subdivision potential. Zoning permits subdivision into lifestyle blocks from 4 hectares (subject to consent), providing a clear development pathway in a location known for its premium rural appeal. The property is enhanced by established poplar shelter belts, creating shelter and privacy, and includes substantial implement and storage sheds suitable for a range of rural or commercial uses. A key feature is the secure rental income from a 5-year net lease to the iconic Raspberry Cafe, returning $70,000 per annum + GST and outgoings. This property offers a combination of reliable investment income and long-term land value growth in a tightly held lifestyle market. Located just minutes from Tai Tapu village, with convenient access to Lincoln and Christchurch, the property benefits from strong demand for lifestyle land and the presence of a well-established hospitality tenant. Purchase price is $2,200,000 + GST (if any). Please copy and paste this website address into your internet browser to download the property file: https://www.propertyfiles.co.nz/5529600