A landmark Christchurch corner is set to attract significant developer interest, marking the final chapter for a site that has stood vacant since the devastating Canterbury earthquakes of 2011.
The 1,972sq m site at 65 Riccarton Road – formerly home to the St James Church – is offered for sale by Church Property Trustees on behalf of the Anglican Diocese of Christchurch, says Colliers Christchurch Director of Investment Sales Courtney Doig.
“There’s potential for approximately 15 terraced or townhouse-style dwellings.
"Alternatively, the zoning allows for higher density development if a developer opts for an apartment-style project,” she says.
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“The prominent corner position offers added flexibility for developers with the vision to maximise the site, taking full advantage of its extensive frontages to Riccarton Road and Mandeville Streets.”
The site falls within zones for Christchurch Boys’ and Girls’ High Schools, both just 1km away and consistently ranking among the city’s leading secondary schools.
“That secondary school proximity and the location of the University of Canterbury in the adjacent suburbs of Fendalton and Ilam are strong drivers of residential demand in this neighbourhood,” Doig says.
The land parcel boasts exceptional connectivity and amenity access, sitting just 350m from Westfield Riccarton, Christchurch’s largest suburban shopping hub, a short walk from Hagley Park’s green spaces, and 3.2km from the CBD on the main public transport route.
Christchurch Hospital is located approximately 1.9km from the site, further supporting rental demand from medical and professional tenants.
With frontages of 41m to Riccarton Road and 37m to Mandeville Street, the corner site offers strong visibility along one of the city’s major arterial routes.
Doig says the property is expected to attract multi-unit residential developers capitalising on strong demand for housing near quality schools and tertiary education.
Alternative uses could include community services, early childhood education, or other commercial applications suited to the site’s prominent positioning.
The property is offered for sale by deadline private treaty closing at 4pm on Wednesday 10 June, unless sold prior.
- Supplied by Colliers
