Farm Road, Allenton, Ashburton

Strategic landholding

Auction (unless sold prior), 12pm Thur 8 April 2021, 3 Deans Avenue, Christchurch

These two titles will be auctioned separately, one after the other.
*Lot one, 8.2002 hectares (more or less) a fantastic opportunity to secure a development block or create your own dream lifestyle in a desirable location, while ensuring plenty of future upside from residential zoned land. Bordering residential homes on Farm Road, situated opposite the beautiful space of Argyle Park, provides recreation at your backdoor step.
**Lot two, 8.1200 hectares (more or less), this block has two road frontages being Farm Road and Racecourse Road.
Excellent Westside location with the relaxing rural feel with the bonus of being in town, perfect for strategically building your dream home on a great sized lifestyle block, while planning to capitalize future developments.
Close to all amenities such as shops, medical and sports facilities, schooling, a recreational park to mention a few.
This land offers fantastic possibilities aplenty, the option to make the most of the current low interest rates on offer, real estate realization, low stock levels, it appears the planets are aligned.
Both titles are currently zoned as residential "D" which have a minimum lot size of 4,000sqm.
*Record of Title: 79791, 8.2002 hectares (more or less) - Block closest to the residential subdivision and Argyle Park. Lot one will be auctioned first.
**Record of Title: 44314, 8.1200 hectares (more or less) - Block on the corner of Farm Road and Racecourse Road. Lot two will be auctioned second.

To access documents we hold for this property please visit: http://www.propertyfiles.co.nz/property/5514671