Listing #:1503639260

Ravenswood Motel Complex Development in Canterbury

Freehold Investment Opportunity!
Location: Waimakarir­i, Canterbury
Ravenswood is a new master-planned North Canterbury township which provides 1,350 residential sections with large areas of open space, along with a full-service commercial precinct.

Located in a desirable position on the northern fringe of Woodend, Ravenswood extends from Rangiora Woodend Road in the south, to State Highway 1 in the north east. Central Christchurch is a short commute to the south and travel is about to become significantly more efficient with the pending completion of motorway enhancements. 

Ravenswood is adjacent to Pegasus with associated recreational opportunities and amenities including a golf course, Lake Pegasus and the beach beyond plus biking and walking tracks.

The commercial precinct has generated strong interest and a number of national retail brands have already committed to the project or are at an advanced stage of negotiation.
Construction of the commercial area is underway and Stage 1 residential will start shortly. Residential sites at Ravenswood have sold well due to competitive pricing, high amenity values, proximity to shopping and services plus numerous recreational opportunities nearby. 

What's on Offer:

Prime commercial land, lot 202, 3,609m2 more or less is in an excellent location, ­easy access from State Highway 1 and ready for development.  ­Consent is in place to build a motel complex for 26 x 2 bedrooms units along with a double story dwelling for the manager's residence.

The 26 units are separated in 2 blocks, one set of 13 units on the ground floor and 13 units on the upper floor, the manger's unit will be detached from the motel units plus 32 on site car parks.

Brokers Comments: This is an excellent opportunity for a smart investor to develop the site, ­own and operate the business or alternatively lease the business and retain the freehold investment.

For more information please contact Brad Watts Mob: 021 278 0919 or email: brad@tourismproperties.com

Agency reference #: 55418
Asking price: $990,000
Listed: Wed 27 Dec, 12:06 pm
Brad Watts
TourismProperties.com
  • Contact Details
  •  (021) 2780919
  •  (021) 2780919

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Agent's details

Brad Watts
  •  (021) 2780919
  •  (021) 2780919
TourismProperties.com

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