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Due to an abrupt and unforeseen change of plans for our sellers, we offer to the market a rare development site in an unparalleled location in Armagh St close to Cranmer Square.
271sqm (approximately 20m x 13.5m) of Freehold bare land is situated in a relatively quiet sector of this historic inner-city street, but no more than a stone's throw away, the buzz of our evolving city entices. Life here can be social or cultural, always stimulating!
The location allows mixed use and we believe this is a limited circumstance where a new owner could choose to build a commercial business or an exceptional city apartment. This is a choice between business or pleasure, or perhaps both, with a combined work and reside situation.
Opportunely rented, in the meantime, to Wilsons Parking for $1337.00 per month, this gives the new owner a steady return while grander plans are prepared. Nestled almost in the heart of Christchurch's CBD, this location offers an exclusive inner-city lifestyle teeming with opportunities for entertainment and enjoyment, with the bonus of Hagley Park a few metres away.
This is a project without equal, now unleashed on a market craving replacements for those we have lost in the last decade. If you yearn to be part of our burgeoning inner city, then stroll past this unique site and then quickly give us a call!
Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.
