Listing #:1248885963

Ravenswood Investment Opportunities

Location: 174 Rangiora Woodend Road, Woodend, Waimakarir­i, Canterbury
Property use: Retail
Floor area: 700-21200m2
Price: Price by negotiatio­n
Located on State Highway 1 and only 20km to Christchurch. There are already 18,000 cars a day going past the commercial precinct on State Highway 1. This is expected to be 28,000 within the next ten years.
Easy access from State Highway - the four legged roundabout on State Highway 1, which is the entrance to the commercial area, has already been built.

The first commercial site is Lot 11 which is 2.12ha and is located with access directly off SH1 with outstanding profile. It is located directly adjacent to BP & McDonalds.

The second site is Lot 15 which is located next to the New World and planned town centre. The site is located with frontage onto Ravenswood's main spine road, linking SH1, to Rangiora- Woodend Road.

New World, BP service station and Wild Bean Cafe, McDonald’s Restaurant and a childcare centre have already committed to being part of the development.

Other interested parties in the commercial precinct are operators of a motel, a medical centre and a retirement centre, with motel and childcare sites under contract. The project is fully consented and civil works have been tendered, with construction expected to start within the next few months. NZTA is spending approx. $600 million building three new motorways leading to Ravenswood:

1. The Western Belfast Bypass will be completed by the end of 2017.

2. The Northern Arterial has just been confirmed and is due to start in early 2017.

3. The land at Ravenswood for the Short Eastern Alignment has been designated.

Agency reference #: SVLC10108
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Price by negotiation
174 Rangiora Woodend Road, Woodend, Waimakariri, Canterbury
Price by negotiation
Listed: Wed 25 Jan, 9:16 am
Jesse Paenga
Savills Christchurch, (Licensed: REAA 2008)
  • Contact details
  •  (03) 9741188
  •  (027) 7644748

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Agent's details

Jesse Paenga
  •  (03) 9741188
  •  (027) 7644748
Savills Christchurch, (Licensed: REAA 2008)
(03) 9741188
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Expires: Fri 21 Dec, 12:12 pm
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