1 Matai Street East and 30 Darvel Street, Riccarton

  • 6,519 ㎡

Unparalleled Development Opportunity

Property ID: 5516154

Deadline Sale
2pm, Wed 6 Oct 2021
(unless sold prior)

Sitting within a privileged location on the fringe of Fendalton across from the leafy backdrop of Christchurch Girls’ High School, these high-profile lots zoned RGA (Residential Guest Accommodation) present a monumental opportunity for development and can either be purchased individually or as a pair.

This perfect package comprises two sites. The first is 3,192sqm and boasts an exceptional profile, being prominently placed across from Hagley Park on the corner of Matai Street East and Deans Avenue.

The other is equally as impressive, sitting on the corner of Matai Street East and Darvel Street and covering an area of 3,327sqm.

Given the sheer size of each lot, your development options are endless. Previously, council had approved resource consent for a 52-unit townhouse/apartment complex which is sure to give buyers confidence of the opportunity on offer.

This prime city-fringe position enjoys effortless access to countless amenities, including bars and restaurants, with Mona Vale, Merivale and Riccarton all within easy reach. This perennially desirable location is also in-zone for some of the city’s finest education options, including Elmwood Primary, Heaton Intermediate, Christchurch Boys’ and Girls’ high schools, as well as Burnside High School.

These sites are utterly unmatched in this area, and interested buyers are instructed to act quickly.

Please contact Adam Heazlewood for more information.

To download the information pack for this property, please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5516154

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