Colliers, as sole marketing agent, is pleased to present 4 and 6 Rotherham Street, offering a total of 1,212sqm of Residential Medium Density zoned land, just 200m from Westfield Mall in Riccarton.
This opportunity ticks all the boxes that investors or add value developers are looking for at present. Great underlying land holding, exceptional location with significant current income and huge upside development.
The site enjoys a total 33.51m frontage to Rotherham Street and the combined sites are relatively regular in dimensions. Improvements consist of a 7 bedroom house (including outhouse) and 4 x one bedroom units which will provide significant holding income while you plan a new multi dwelling development, or continue to enjoy the cashflow.
There are various opportunities available for the astute investor with the ability to accommodate a large scale multi-unit development or substantial residences or hold and cash flow – the choice is yours.
Ref #: 20770464
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