Colliers is delighted to present a unique opportunity for investors and developers to acquire a brand-new Woolworths Supermarket, along with a prime residential and commercial development site, in the rapidly growing suburb of Belfast. The offerings are available in one line, or on an individual basis.
Available as a single offering or as individual components, the first offering features a newly constructed retail building anchored by a long-term lease to Woolworths NZ. The other two offerings include a large commercial lot with resource consent and residential super lots, ideal for a capable developer with a proven track record to take the project forward.
The subdivision consent allows for two commercial and or residential super lots, making this a rare opportunity for large-scale development.
The newly constructed building is leased to General Distributors Limited (trading as Woolworths).
This prime offering, being anchored by a long twelve-year term lease to General Distributors Limited along with the surplus residential and commercial land, presents a rare opportunity to purchase a premium property in the South Island market that will appeal to investors and developers alike.
For sale by Expressions of Interest closing 4pm, Thursday 28 November 2024 (unless sold prior).
*Boundary lines are indicative only.
Features:
* Anchored to Woolworths NZ
* 10 years remaining on current term
* Excellent development scale with future stages of Commercial and Residential subdivision
* Significant population growth in Belfast
* Built to 100% seismic standards
* Total land area 4.5056 ha
* Resource consent in place for large scale retail development
* Commercial Core Zone (CC) & Residential New Neighbourhood Zone (RNN)
* Growing and desirable suburb of Belfast, 10km from Christchurch CBD (15 minute drive)
* Significant 2.922 ha greenfield development opportunity
