FOR SALE
Retiring vendor issues directive to sell NOW
Price by Negotiation – Offers invited over $250 per sqm.
361 Russley Road is one of the last opportunities to acquire privately owned land adjacent to Christchurch International Airport. Land of this nature is highly sought after by the most astute developers, investors and land bankers due to scarce supply and the tendency for airport companies to dominate and control this land.
The zoning allows for a wide range of uses; from carparking, warehousing and distribution facilities to hospitality businesses and retail outlets.
Recent roading and highway upgrades greatly enhance accessibility, traffic flows and traffic volumes. Christchurch International Airport Limited (CIAL) additionally have very robust growth forecasts and development targets underpinning your investment in this property for many decades to come.
KEY PROPERTY FEATURES
- Land area of approximately 7.6173 hectares
- Highway frontage of approximately 400 metres
- Zoning allows for a wide variety of business uses
GALLERY
LOCATION HIGHLIGHTS
- Located adjacent to Airport Campus
- Positioned on the city side of the Airport Campus
- This property is within the sought-after SPAZ (Special Purpose Airport Zone)
- Easy access to all main routes; North, South, East and West. Roading infrastructure is currently undergoing a major enhancement, with completion expected early 2018
- This area is generally known for very good geotechnical profiles
THE SALE PROCESS
For Sale by Negotiation (offers invited over $250 per sqm)
Contact the project team leader
Greg Mann
027 225 6456
greg.mann@bayleys.co.nz
Whalan and Partners Limited,
Licensed under the REA Act 2008