Listed: Tue, 21 Apr

Exceptional High-Density Development Opportunity

674 & 676 Worcester Street, Linwood, Christchurch City, Canterbury

Price by negotiation

6+ Beds
3 Baths

Attribute	Value
Property type	House
Capital value (CV)	$430,000
Agency reference	CR56356
Broadband in the area	Fibre, ADSL, Cable, Satellite, VDSL, Wireless

A rare opportunity to secure one or both properties in a sought-after, city-edge location, superbly positioned just minutes from Christchurch Central, the Te Kaha Stadium, and a wide range of local amenities including shops, cafes, public transport, and schools. Zoned High Density Residential (TC2 land), the two titles combine to form a substantial, contiguous landholding-ideal for developers, investors, or land bankers. Approved building consent is already in place for six townhouses, allowing you to move forward with confidence and significantly reduce lead-in time. Currently improved with two dwellings(Three Units), the property generates a combined rental income of $1,210 per week, providing excellent holding income while you plan and prepare for future development. Offering a premium location, strong future growth potential, and development-ready credentials, this is an outstanding opportunity not to be missed.

Please contact me for viewing information. To download property files follow this link: https://www.propertyfiles.co.nz/property/CR56356

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