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Marshland

402-406 Prestons Road, Marshland, Christchurch

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1sqm Floor area
1.80 ha Land area SQM

For Sale by Negotiation

Commercial development opportunity - 1.8ha


• Held in five titles with a total land area of 18,082sqm (approximately 1.8ha)
• Commercial Core zoning provides a wide range of development options
• Adjacent to the substantial Prestons Park residential development
• With a road frontage of 88m and over 18,000 vehicles passing daily
• Resource Consent in place for an 11 unit strip retail complex of over 1,000sqm

Three separate owners have collaborated to bring this significant commercial development opportunity to the market. The Commercial Core zoning is one of the most permissive zones in Christchurch with permitted activities including supermarkets, retail and commercial services, trade suppliers, entertainment activities, retirement and healthcare facilities and residential development to name just a few. Prestons Park has been a residential development success story with stages 5 and 6 selling fast, when completed there will be approximately 1,150 homes.

Marshland School, Te Rito Harakeke, a primary and intermediate school is situated in Prestons Park adjacent to the subject property. Further to the west, on the corner of Prestons and Marshland Roads there is a New Word Supermarket, the Rowdy Kitchen, a BP and McDonalds amongst others.

Concept plan for commercial development, including full plans of the retail complex which has been completed for building consent application stage, are available on request.

Please contact the vendors agent in the first instance.

Blair Young

Blair Young


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Five titles


total land area 18,082sqm (approximately 1.8ha)

Location


Adjacent to Prestons Park residential development

Resource consent


Consent for an 11 unit retail complex

Road frontage


88m road frontage with over 18,000 vehicles passing daily

Zoning


Commercial Core Zone