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41 & 51 Bellvue Avenue, Papanui, Christchurch City

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5,812m²

Significant development opportunity -5,812sqm land

Colliers presents 41 & 51 Bellvue Avenue, Papanui, Christchurch, to the market for sale. Prime development opportunity in highly sought-after Papanui.

Discover a rare opportunity in Papanui, Christchurch, with two expansive properties on Bellvue Avenue, totalling 5,812 sq m.

41 Bellvue Avenue features an original five-bedroom residence, with the value strongly supported by its prime landholding. Meanwhile, 51 Bellvue Avenue offers an idyllic recreational retreat, complete with three tennis courts and beautifully landscaped grounds.

Positioned in the heart of the desirable Papanui suburb, this exceptional combined holding offers a substantial development block with immense potential. Just a short stroll from Northlands Mall and within a five-minute drive to the vibrant Merivale Mall and its surrounding amenities, convenience is at your doorstep.

Located within easy driving distance of some of the city’s top-rated schools, this site also benefits from favourable Residential Medium Density (RMD) zoning, offering the perfect opportunity for intensification and development in one of Christchurch’s most coveted areas.

Tucked away on a quiet street, you’ll enjoy peace and privacy while being only moments away from the bustling Papanui Road. Surrounded by high-quality commercial developments, this site boasts a rich history, previously serving as tennis courts and a vicarage for Papanui Parish.

With excellent nearby amenities and prime zoning for future growth, this property is a rare opportunity to secure a key site in a thriving community.

For sale by Deadline Private Treaty closing 4pm, Wednesday 6 November 2024 (unless sold prior).

*Boundary lines are indicative only.

Features:

* Combined land area of 5,812 sq m

* Favourably Zoned Residential Medium Density (RMD)

* Superb surrounding amenity

* Walking distance to Northlands Mall and NorthLink Retail Centre

* Nestled away on quiet street

* Multitude of development options

* Multiple titles for ease of redevelopment (staged)

* Dual access with two driveways off Bellvue Avenue

Additional details

Type

Section

Property ID

67031286

Listed on

10/10/2024

Updated

16/10/2024

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Papanui, Christchurch City

Papanui is a suburb which lies within the Territorial Authority of Christchurch, one of 116 residential suburbs which form the wider region. Papanui is the 23rd largest suburb of Christchurch in terms of the total number of residential housing stock. Papanui provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Papanui is made up of approximately 98% residential housing and 1% residential investment housing properties.

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