The property is approximately 9km north of the Christchurch CBD located just off the Main North Road and State Highway 1. It is a significant residential subdivision with supporting commercial zones as set out in Plan Change 43, currently under appeal.The proposed rezoning will assist to fulfill a strong market demand for residential sites, supporting Christchurch.
• Vendor - Belfast Park Ltd and Tyrone Estates Ltd currently in receivership and liquidation• Approximately 62.5 hectares of land currently in 8 titles• The approved Plan Change 43 is subject to appeals• Primarily residential with commercial buffer• Approximately 640 residential lots
Sales ProcessThe sales process will involve 2 stages:Stage 1: Qualified purchasers will have until 18 November 2011 to undertake due diligence and to present their offersStage 2: The vendor will deal with selected offerors with a view to concluding a confirmed sale within a further period of 3 weeks
Noel GilchristChristchurch Brokerage
Mobile: +64 (21) 335-837Phone: +64 (3) 365-7887Email: noel.gilchrist@colliers.com
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Philip CooperChristchurch Brokerage
Mobile: +64 (21) 326-245Phone: +64 (3) 365-7887Email: philip.cooper@colliers.com
Brent BaileyChristchurch Brokerage
Mobile: +64 (21) 363-432Phone: +64 (3) 365-7887Email: brent.bailey@colliers.com
Disclaimer: The contents of this document do not form any part of a contract. Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.
South Island Commercial