Listed: Today

Prime Land…Event Ready!

297 Hereford Street, City Centre, Christchurch City, Canterbury

To be sold by auction on 19 Aug, 10:00 am

2 Beds
1 Bath
615m² Land

Attribute	Value
Property type	House
Capital value (CV)	$925,000
Agency reference	IL8247

AUCTION: Wednesday 19 August from 10am, Holmwood Auction Rooms, 397 Ilam Road, Bryndwr (USP)

Zoned HRZ, High Density Residential, this property is a prime development site just a few minutes' walk from our magnificent new asset, One NZ Stadium at Te Kaha. Currently home to a 1920s bungalow in two flats, with a land area of 615sqm, this is an increasingly rare opportunity for development in this flourishing location. Within the four avenues and easy walking distance to a host of facilities including Margaret Mahy Playground, the Avon River, New Regent Street and the CBD, this is ready for a new owner to capitalise on Christchurch's Stadium precinct growth with construction of new accommodation.

Selling as is where is, both flats in the bungalow are two bedrooms and currently on fixed term leases until February and June 2027, returning $900 per week, thus providing the benefit of an income-producing property that helps offset costs during the planning and consents phase until you're ready to proceed.

Our serious seller has held this as an investment for thirteen years with the intention of redevelopment. However, they reside and work in Nelson and now realise that time constraints will not allow them to pursue their plans, creating an exceptional opportunity for a new owner. Drive past, see for yourself, and give us a call!

To download property files, please copy and paste the link into your browser: https://www.propertyfiles.co.nz/property/297hereford

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Local Schools

IN ZONE Christchurch East School
311 Gloucester Street
233 m
Full Primary (Primary & Intermediate), State, 316 enrolled
IN ZONE Te Aratai College
85 Aldwins Road
1.7 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 1299 enrolled
IN ZONE Te Puna Wai O Waipapa - Hagley College
510 Hagley Avenue
2.1 km
Secondary (Year 9-13) (Secondary), State, 2120 enrolled

IN ZONE Hillview Christian School
150 Wilsons Road
2.7 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 545 enrolled
IN ZONE Christchurch Adventist School
15 Grants Road
4.7 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 266 enrolled
IN ZONE Middleton Grange School
30 Acacia Avenue
5.8 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 1376 enrolled
IN ZONE Marian College
2 Lydia Street
5.9 km
Secondary (Year 9-13) (Secondary), State : Integrated, 417 enrolled
UNZONED Catholic Cathedral College
62 Ferry Road
670 m
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 594 enrolled
UNZONED Ao Tawhiti Unlimited Discovery
5 Mollett St
1.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 654 enrolled
UNZONED St Mary's School (Christchurch)
375 Manchester Street
1.2 km
Full Primary (Primary & Intermediate), State : Integrated, 123 enrolled
UNZONED St Michael's Church School
249 Durham Street
1.3 km
Full Primary (Primary & Intermediate), Private : Fully Registered, 146 enrolled
UNZONED The Cathedral Grammar School
2 Chester Street West
1.6 km
Full Primary (Primary & Intermediate), Private : Fully Registered, 236 enrolled
UNZONED Christ's College
33 Rolleston Avenue
1.7 km
Secondary (Year 9-13) (Secondary), Private : Fully Registered, 730 enrolled
OUT OF ZONE Waltham School
Hastings Street East
1.9 km
Full Primary (Primary & Intermediate), State, 249 enrolled
UNZONED Te Pā O Rākaihautū
7 McLean Street
2 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 203 enrolled
UNZONED Tkkm O Waitaha
45 Hassals Lane
2.3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 219 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.