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First National Real Estate Tao

431 Colombo Street, Sydenham

Price by negotiation

Listing Description

Listed: Fri, 12 Jul

Rare Development opportunity in Colombo St

431 Colombo Street, Sydenham, Christchurch City, Canterbury

Price by negotiation

Details

  •   379m² Land
AttributeValue
Property use
Development site
Capital value (CV)
$485,000

Description

With 379sqm of freehold land on offer, this is a unique and affordable development opportunity in the established Sydenham retail precinct.

A 12 metre street frontage offers good profile onto one of Christchurch's busiest streets. High traffic volume and strong foot traffic passing daily. Variety shops around and only 3mins drive to city centre or 15 mins walk.

In addition to the 379sqm of land there is a Right of Way off Wordsworth Street allowing for access to the site and onsite carparking.

Located within the Commercial Core Zone, with a build height limit of up to 12 metres, this blank canvas will allow the astute developer to maximise its potential. The area is characterized by single and two storey buildings. Retail and office consent plan approved on 2016 and also holding 16 units motel and retail design concept if required.

Colombo Street is an ever popular and tightly held location and the close proximity to the Colombo Mall and it's high profile nature ensures site this has long term prospects as well as immediate development potential.

Highlights:

  • 379sqm freehold land
  • Commercial Core Zone
  • 12 metre wide street frontage
  • Build height limit of up to 12 metres
  • High profile location in established retail precinct

For more details and to secure this appealing opportunity, contact Grace Luo - 021 0893 5311 promptly before it's taken by another interested party.

Information pack: https://vltre.co/CFHvmZ

Please note that the land and floor area information was sourced from Property Smarts/Property Guru and we have not been able to verify the accuracy of this information. We therefore encourage all prospective purchasers to satisfy themselves or seek independent legal advice on all matters material to their decision to buy.


Property Files

Grace Luo

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