Prime Central City Development Opportunity

88 Worcester Street, Christchurch

Hotel/Motel / Investment / Land/Development Site / Office / Residential / Retail For Sale

Auction to be held at 10am Thursday, 9 Mar 2017 (Unless sold prior)
Land Area: 1,027.00 m2.    

Description

88 Worcester Street is a great, rare opportunity to secure your slice of core CBD land in the exciting redeveloping city of Christchurch. Strategically placed between Oxford Terrace and Cathedral Square, as well as being walking distance to the anchor projects and private commercial precincts, the property is superbly positioned to benefit from the current and long term developments in Christchurch.

South of the site are the Retail and Justice precincts, to the west across the Avon River is a cluster of A-grade office developments known as the 'West End,' to the north are various hotels, the Arts Precinct and proposed convention centre development. Finally directly to the east is the proposed 'Eastern Frame' which will host medium to high density residential inner city living.

Christchurch CBD will become the thriving heart of an international city. It will draw on its rich natural and cultural heritage and the skills and passion of its people to embrace opportunities for innovation and growth.

The stunning 1,027m² site was previously home to the popular Holy Grail Bar & Restaurant, a once iconic destination for Christchurch residents and visitors alike. Zoned Central City Business there are various development scenarios available to any purchaser including the following potential uses for the site:

  • Commercial office 
  • Retail 
  • Hospitality/Entertainment
  • Hotel Site 
  • Boutique Hotel site 
  • Mixed use development including residential

The site is currently leased to Wilsons Carparking providing a holding income.

Contact the sole agents now for further details

Features

  • Zoned Central City Business (CCB)
  • 1,027m²
  • Holding Income - leased to Wilsons Carparks
  • Proximity to CBD anchor projects

Map

Open in a new window

Contact the broker

Property & Page Options
Email Property PRINT PROPERTY
Share This Property
For further details, contact:
Close

Saved Properties

Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.
Close