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Ilam, 60a & 62 Creyke Road

7,092 m2 Development Land - Blue Chip Location

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Listing Number: RN6502
About this listing
Positioned directly across the road from Engineering School at the University of Canterbury, this land holding is quite simply like no other. Never again will you find over 7,000 m2 of TC 2 land this close to such a prestigious internationally acclaimed institution.

Currently occupied in part by the Academy Motor Lodge, the sale of the property comes complete with approved Christchurch City Council Resource Consents for a Student Village consisting of 141 ensuited bedrooms across the whole development, spread across 27 individual dwellings. This village will be of the highest quality to meet the demands of the modern students.

Once developed you can be assured of strong occupancy levels in such a sought-after environment. Enquiry is already building with investor interest in the completed development. It is anticipated demand will be strong for pre-sales through the construction phase of the project.

After more than 30 years of tenure at the property, my owners are passing this opportunity to a suitable developer / investor to realise the dream they've had for the site for a considerable time. Holding income from the Academy Motor Lodge and other buildings will be available until construction commences.

All enquires are to be directed to Sean Innes at 027 433 4332 or sean.innes@harcourts.co.nz

To be sold on a "Plus GST (if any)" basis.

VIEWINGS: Please contact listing agent to arrange a viewing.


Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.
Property Information
  • Land Size: 7092 sqm
  • Property Type: Home & income
  • Tenure: Freehold
  • House style: Other (Development Site)

Contact Details

Harcourts Riccarton

Grenadier Real Estate Ltd

Licensed REAA 2008

Level 1, 88 Division Street
Riccarton
CHRISTCHURCH
Office website

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