Landmark Property Sale for the astute, Development opportunity!
Do you have a vision with capital growth in mind? This go-ahead area is an affordable development option with plenty of scope for developing high yielding returns without breaking the bank on entry. Over the past 10 years this neighbourhood has seen staggering growth of residential dwellings popping up everywhere making this community much more progressive than other options. With the local shopping hub just 300 metres away amenities are right on hand for convenience's sake with the benefit of neighbouring properties already newly built and developed allowing for an appealing finish to the project. With property prices recovered already in Christchurch and buyer demand high once again, the time is now to sink your teeth into a good opportunity with this land and its appealing zoning.
Christchurch City Council Zone description: The Residential Medium Density Zone is located close to the central city and around other larger commercial centres across the city. The zone provides for townhouses, terraced housing, apartment buildings and encourages comprehensive development of multiple adjacent sites. Smaller and shared outdoor living spaces are acceptable within this zone. Zone standards and assessment matters manage the amenity, quality and function of new residential developments within this zone.
This leads to an excellent opportunity that is ripe timing for the development of long-term investment and returns. If you have capital to invest into long term gains or have the foresight to design and build with potential to on sell then look no further as this is a golden opportunity.
Auction from 1pm Thursday 9th November 2023 at Russley Golf Course, 428 Memorial Ave, Christchurch
Disclaimer:
Please be aware that this information has been sourced from third parties. View our property information disclaimer here: mikepero.com/property-disclaimer/
