10 and 12 Gerald Street, Lincoln, Selwyn

A Retail Development Opportunity in Lincoln

For Sale by Auction
From 1pm, Thursday 26 June 2014
(unless sold prior)
3 Deans Avenue, Riccarton, Christchurch

- Prime development land
- 2,020 sqm land (more or less) on 2 titles
- Business 1 zoned
- Rare, well positioned development site
- Holding income until November 2015
- Consider your options today while enjoying the income

The Lincoln township and the surrounding area is one of the fastest growing regions in Canterbury. With major residential development on the fringe and the proposed world-class land-based research and innovation hub based in Lincoln, here is a truly outstanding development opportunity in the centre of Lincoln.

Annualised rental is approximately $35,000. Currently tenanted by Hillyers, the award winning bakery, until November 2015, and a Print shop on a month-by-month basis there is time to plan development options while enjoying the income.

Ideal for a retail development, here is a design & build project suitable for a range of new retail tenants. Lincoln is a town on the up and with over 2,000 sqm of Business 1 zoning in the retail centre here is a rare development opportunity to grasp with both hands!