MRZ Site With Approved Plans
Christchurch, New Zealand, 8014
Residential
- 4 bedrooms
- 2 bathrooms
- 141 sqm
- 443 m² plot
*** Download the property files through the link by copy and paste the link - https://www.propertyfiles.co.nz/property/950090004 *** Positioned just minutes from the heart of the city, 491 Madras Street, St Albans offers an outstanding opportunity for builders, developers, and investors seeking a consented CBD-fringe project. Offered on an "As Is, Where Is" basis, the property currently comprises a character villa converted into two flats, both operating as short-term rentals, providing immediate holding income for current homeowners. Zoned Medium Density Residential (MRZ), the site comes with resource consent approved for two units, making this a ready-to-build opportunity or an ideal live-in-one, rent-the-other option. Located on the doorstep of the CBD and Four Avenues, close to Christchurch CBD, Hagley Park, and Christchurch Hospital, this is a location that ensures long-term demand. The property is surplus to the owners' requirements and is offered for genuine sale. Key highlights: - As Is, Where Is sale - Medium Density Residential (MRZ) zoning - Resource consent approved for 2 units - Weekly income from two short-term rental units - CBD-fringe, high-demand St Albans locatio…
