1,000m² of Merivale - Hold, Bank or Build

Deadline Sale 2pm, Wed 3 Dec 2025 (unless sold prior) Occupying more than 1,000 square metres in central Merivale, this property moves beyond residential scarcity and directly into high-yield investment and development territory. With Residential High Density zoning, the site can support a multi-unit development, strengthened by an approximate 21-metre frontage that enables exceptional site access, design flexibility and a defined street presence. The existing improvements, sold as-is-where-is, generate over $100,000 in gross annual income, allowing it to perform from day one while its future use is explored, consented or held in reserve in a market where land of this scale is rarely released and in short supply. Convenience is embedded in the address, with Merivale Mall, cafés and daily essentials less than 200 metres up the road, while zoning for Elmwood Primary, Heaton Intermediate, Christchurch Boys’ and Girls’ High Schools, alongside nearby private schooling, strengthens its long-term credentials. Whether retained for income, advanced as a development, or simply held as a landbank, this is a site defined by land, location and capacity, where the value lies in possession as much as potential. Please contact Adam Heazlewood for more information. Find out more about us at www.ahteam.co.nz. To download the information pack for this property, please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5528945