• Substantial 1,496sqm (more or less) freehold landholding
• High Density Residential zoning
• Holding income while future plans are considered
• Established location close to the Christchurch CBD
Positioned on a prominent arterial route, 211 Linwood Avenue presents a compelling development opportunity on a substantial 1,496sqm freehold site in an established city-fringe location.
Zoned High Density Residential, the property offers significant scope for residential intensification and redevelopment, subject to the necessary consents. Existing improvements provide $48,000pa net holding income, giving purchasers flexibility to investigate and progress future development plans while generating income from the site.
With excellent profile to Linwood Avenue, convenient access to the CBD and eastern suburbs, and a strong surrounding residential catchment supported by established amenities, the property is well positioned to benefit from continued intensification and reinvestment across the area. A sizeable city-fringe landholding
combining location, holding income and genuine future development potential.
For further information, please contact the Sole Agents today or refer to: www.propertyfiles.co.nz/property/5531619
