• 2,094sqm (more or less) freehold Medium Density Residential site
• Absolute net-style lease to established motel operator
• Prime St Albans location with significant future redevelopment potential
A rare opportunity to secure a substantial freehold landholding in one of Christchurch's most tightly held suburban locations, underpinned by a secure passive income stream and outstanding long-term development potential.
Occupying 2,094sqm (more or less) of Medium Density Residential zoned land, the site offers a compelling landbank opportunity with multiple future exit strategies. Whether your vision is medium-density housing, retirement living, boutique apartments or an alternative residential development (subject to any required approvals), the property's scale, regular configuration and premium Cranford Street frontage provide an exceptional platform for future value creation.
Investment opportunities that combine strong cashflow, premium zoning and genuine redevelopment optionality are increasingly difficult to secure. 63 Cranford Street presents the opportunity to enjoy reliable income today while controlling a strategically located development site for tomorrow.
For further information, refer to www.propertyfiles.co.nz/property/5531264 or contact the sole agents today.
